Credit Trends 2019

Tuesday, February 26, 2019

February 2019

Conference

Credit Trends 2019

The turning credit cycle

thursday, November 08, 2018
merchant taylors' hall, london

Credit Trends 2019

The turning credit cycle
Tuesday, February 26, 2019
February 2019
The Ritz-Carlton
Beijing

Credit Trends 2019

The turning credit cycle

Tuesday, February 26, 2019
February 2019
The Ritz-Carlton
Beijing

Credit Trends 2019

The turning credit cycle

Tuesday, February 26, 2019
February 2019
The Ritz-Carlton
Beijing

Credit Trends 2019

The turning credit cycle

Tuesday, February 26, 2019
February 2019
The Ritz-Carlton
Beijing

Credit Trends 2019

The turning credit cycle

Tuesday, February 26, 2019
February 2019
The Ritz-Carlton
Beijing

As the credit cycle turns, what will be the impact across different regions and sectors?

Moody’s CreditTrends will focus on credit outlooks and risks for 2019, as well as the longer-termvulnerabilities to watch out for.  Lookbeyond the short-term shocks into long term risks

The event serieswill engage key market players – investors, issuers, economists, regulators andcredit analysts – and look beyond the headlines to provide a comprehensivemarket view for the year ahead.  

Why Attend?

<div class="custom-container w-container"><div class="custom-item-holder alt"><img class="custom-item-icon alt" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342314cc19f6883e3c11f_discover2-white.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Keep track of market risks</h1><p class="custom-item-para alt white">Stay informed about global, regional and local market risks and key rating trends</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342ff8cb7533468114601_Analyze%202.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze the credit impact</h1><p class="custom-item-para alt white">Analyze credit outlooks and discover how long-term trends will shape the market in 2019</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae3432d0d74803949144d7f_network2.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Engage with your peers</h1><p class="custom-item-para alt white">Engage with the global investor and issuer community and get your questions answered by senior credit analysts</p></div></div></div>

Agenda

08.00          Workshop Registration

08.15          Pre-Conference Workshop

Moody’s approach to assessing environmental, social and governance (ESG) issues

  • Global trends driving integration of ESG into investment processes
  • Moody’s approach to integrating ESG into credit analysis
  • The immateriality imperative
    - Which industries are most exposed to carbon transition and physical climate risks?
    - Which corporate governance practices are most relevant to creditors?
    - Analysing ESG risk for a sector: sovereign credit
  • Bringing it all together: Integrating ESG at the entity level:
    - Local case study

Kai Hu, Senior Vice President, Corporate Finance Group, Moody’s

Jessie Tung, VP – Senior Credit Officer, Corporate Finance Group, Moody’s

Marie Diron, Managing Director, Sovereign Risk Group, Moody’s

08.30          Conference Registration

09.00          Opening Remarks

Jenny Shi, MD - Country Manager, China, Moody’s  

09.10          Big Picture Presentation

Why are global credit conditions weakening?

  • Will the growth, funding and liquidity landscape change over the next 12 months?
  • How will US trade policy affect sectors and regions?
  • What are the geopolitical risks and how significant are they?
  • Which are the longer-term credit risks to watch out for?

Michael Taylor, Managing Director and Chief Credit Officer, Asia Pacific, Moody's

09.35          Sovereign Presentation

What is happening as the credit cycle turns?

  • What are the drivers and risks to the country’s growth?
  • What is the sovereign’s exposure to and buffers against tightening financing conditions?
  • What are the other main sovereign credit drivers?

Marie Diron, Managing Director, Sovereign Risk Group, Moody’s

Followed by a Spotlight Conversation

10.20           Networking & Coffee Break

10.40          Banking Plenary Session

How resilient are the banks to market and credit shocks?

  • Are banks prepared for the next downturn?
  • How strong are Asia Pacific banks in withstanding potential shocks?
  • What are the new risks and sources of competition?

Minyan Liu, Associate Managing Director, Financial Institutions Group, Moody’s

Nicholas Zhu, VP – Senior Analyst, Financial Institutions Group, Moody’s

More speakers to be confirmed

11.25          Corporate & Infrastructure Plenary Session

What Are The Credit Trend for Rated Corporates in China?

  • Will SOE continue to deleverage?
  • Which sectors are more vulnerable if the US-China trade tension escalates ?
  • Is refinancing risk manageable in 2019?

Li Ma, Managing Director, Corporate Finance Group, Moody’s

Kai Hu, Senior Vice President, Corporate Finance Group, Moody’s

Cindy Yang, VP – Senior Analyst, Corporate Finance Group, Moody’s

Ada Li, VP – Senior Analyst, Public, Project and Infrastructure Finance Group, Moody’s

More speakers to be confirmed

12.10           Close of the conference

Kai Hu

Senior Vice President

Moody's Investors Service

Moody's Investors Service

Senior Vice President

Kai Hu

Kai Hu is a Senior Vice President in Moody’s Corporate Finance Group, based in Shanghai. He covers a portfolio of large Chinese state-owned enterprises. Before joining Moody’s, Kai worked in credit risk management, trade finance and project finance at various financial institutions, including Citigroup and China Merchants Bank in New York and Bank of Communications, Shanghai Pudong Development Bank in Shanghai.

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Jessie Tung

VP-Sr Credit Officer

Moody's Investors Service

Moody's Investors Service

VP-Sr Credit Officer

Jessie Tung

Jessie Tung is a Vice President–Senior Credit Officer with Moody’s Greater China Credit Research and Analysis team.

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Marie Diron

Managing Director

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Managing Director

Marie Diron

Marie Diron heads the Sovereign Risk Group for Asia Pacific, the Middle East and Africa, responsible for analytical teams covering sovereigns and multilateral development banks in these regions.Marie has worked as Moody’s lead sovereign analyst for a number of Asia Pacific credits, including China, Hong Kong, Taiwan, India, Sri Lanka and Australia.

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Jenny Shi

Managing Director

Moody's Investors Service

Moody's Investors Service

Managing Director

Jenny Shi

Jenny Shi is a Managing Director of Moody’s Investors Service and the company’s Country Manager for China. Based in Beijing, Jenny provides leadership and oversight for Moody’s business and operations in China, leads business development and relationship management initiatives for Greater China, manages Moody’s mainland China offices, represents Moody’s in the local marketplace, and contributes to the formulation and implementation of Moody’s strategic initiatives in Greater China.

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Michael Taylor

Managing Director and Chief Credit Offcier,

Asia Pacific

Moody's Investors Service

Moody's Investors Service

Asia Pacific

Managing Director and Chief Credit Offcier,

Michael Taylor

Dr. Michael Taylor is a Managing Director for Moody’s Investors Service. He is also Moody’s Chief Credit Officer for the Asia Pacific region. Michael leads regional research, particularly with a cross-sectoral and macro credit focus, as well as coordinating major regional analytical initiatives.

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Minyan Liu

Associate Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Associate Managing Director

Minyan Liu

Minyan Liu is an Associate Managing Director for the Financial Institutions Group in Asia. Based in Hong Kong, Minyan is responsible for the management of Moody’s bank credit portfolio in Greater China, Korea and Mongolia.

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Nicholas Zhu

Vice President - Senior Analyst

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Vice President - Senior Analyst

Nicholas Zhu

Based in Beijing, Nicholas covers a portfolio of Chinese policy banks and commercial banks. Previously, he was Moody’s key point of contact on the Chinese regional and local government sector.

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Ma Li

MD-Corporate Finance

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

MD-Corporate Finance

Ma Li

Li Ma is a Managing Director for Moody’s Investors Service and is based in Shanghai. Li’s first stint at Moody’s was between June 2002 and August 2007. He left Moody’s as a Senior Analyst and Vice President in the Structured Finance Group in Hong Kong to work for the Royal Bank of Scotland (RBS). At RBS, Li held multiple credit review and approval roles before his appointment as the Chief Risk Officer in China. Li rejoined Moody’s in April 2013, served as the President of China Chengxin International Credit Rating Co. Ltd.

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Jin Wu

VP-Sr Credit Officer

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

VP-Sr Credit Officer

Jin Wu

Jin Wu is a Vice President-Senior Credit Officer in the Corporate Finance Group. Based in Shanghai, Jin covers a portfolio of large Chinese state-owned enterprises. Prior to Jin’s current role, he worked for Moody’s affiliate, China Chengxin International Credit Rating, and managed different rating groups there.

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Ada Li

VP-Senior Analyst

Public Proj & Infrastr Fin

Moody's Investors Service

Moody's Investors Service

Public Proj & Infrastr Fin

VP-Senior Analyst

Ada Li

Ada Li is a Vice President - Senior Analyst with the Public Project & Infrastructure Finance Group, covering a portfolio of Chinese and Hong Kong infrastructure companies across utilities, ports, metro and toll roads.

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Further information

For more information please contact:

Shelley Dong, Associate-Events & Outreach

Shelley.dong@moodys.com