Tuesday, January 4, 2011

China: Gold as a Currency?!

The following is a wealth of follow-up opportunities, especially toward the end, a conference in which gold as a currency will be discussed.  Wow!


22 Dec 2010
Leading Hong Kong Businessman Outlines China Opportunities
Asian Financial Forum Advisor Ronnie Chan Tips Retail and Properties 

22 December 2010 – Retail, property and the service industries are part of a long list of good investment opportunities on the Chinese mainland, according to Hong Kong-based Hang Lung Group Chairman Ronnie Chan.
Mr Chan, a businessman with a wealth of experience on the mainland, also said that health care, energy and green technology were solid options. “My family is investing in a lot of those things, so that tells you something,” he said in an interview with the Hong Kong Trade Development Council (HKTDC) webcast service. “So I think the opportunities are great, and my company and others are benefiting.”
Mr Chan’s remarks can be viewed online at www.youtube.com/hktdc.
An honorary advisor to the upcoming Asian Financial Forum (AFF), Mr Chan also said he sees business related to China’s currency becoming increasingly critical to Hong Kong’s financial future.
"I think it’s probably fair to say that the renminbi will become more important in the international scene in the coming years and decades. I think Hong Kong is the most usable place, if you will, to help the renminbi transit into an even more significant international currency."
AFF 2011 Speakers, Workshops
AFF 2011 will take place 17-18 January at the Hong Kong Convention and Exhibition Centre. Held under the theme “Asia: Reshaping the Global Agenda,” the forum is organised by the HKTDC and the Hong Kong Special Administrative Region (SAR) Government. The event will focus on major issues, challenges and opportunities facing Asia and the mainland in particular.
AFF 2011 will offer market intelligence and insight along with networking for a wide range of professionals, including bankers, institutional investors, fund managers, business leaders, senior executives and regional policymakers.
Confirmed speakers at AFF 2011 are: China Insurance Regulatory Commission Chairman Wu Dingfu; Standard Chartered PLC Chairman John Peace; Nobel Prize-winning economist Robert Mundell; Assistant Treasurer and Minister for Financial Services and Superannuation, Australia, Bill Shorten; FIL Investment Management (HK) Ltd Anthony Bolton; UC RUSAL Deputy CEO and member of the Executive Committee Oleg Mukhamedshin; Bank of China Ltd Chairman Xiao Gang and many more from around the world.
AFF 2011 will include a series of thematic workshops covering issues such as Hong Kong as China’s global financial centre, gold as a currency, asset and wealth-management instrument, and the latest European regulatory framework and investment opportunities in Canada, Japan and Russia.
The forum will also include the half-day AFF Deal Flow session, featuring one-on-one meetings between companies and potential investors.
The January 2010 AFF drew more than 1,500 participants, a new forum record, including more than 60 high-profile speakers. Nearly 50 per cent of those who attended AFF 2010 were from outside Hong Kong, and attendance was up 37 per cent from the previous year. More than 370 journalists from 31 countries and regions covered AFF 2010.

HKTDC Webcast: http://www.youtube.com/user/HKTDC?feature=mhum#p/c/24B930828AC3811B/0/GtYMa4BMLGk or http://www.hktdc.com/info/webcast/v/en/en/1X04AT2J



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