News & Insights

Why companies should pay their Chinese suppliers in RMB (instead of USD)

The development of the offshore RMB (CNH) and the subsequent roll-out of USDCNH Futures contracts have been a game changer for non-Chinese companies doing business with suppliers based in mainland China. As a result, an increasing number of companies have already switched their payment currency from USD to RMB. For more information on this subject, read our thought piece.

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PODCAST: Three Misconceptions Explained: Making Payments to Suppliers in China

In this podcast we interview Jack Wu Partner and Co-Founder of Acadia Advisory Group, a corporate services company, based in Shanghai and Alex Riteau, Portfolio Manager at SystematicEdge. We’ve asked Jack on the podcast to discuss the three misconceptions about making payments to suppliers in China that we hear consistently in the market. This is a very important topic for companies that are doing cross border business in China.

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SME Webinar: Mitigating cross border risks while maximizing profits

Alain Groshens CEO of SystematicEdge had a good conversation with Henry Kwong tax specialist at Cheng & Cheng and Edmond Lau from the The CFO Centre hosted by the Hong Kong General Chamber of Commerce (HKGCC) about risk mitigation and profit maximization for companies doing cross border business. Special thanks to Angela Lee Founder of Janeclare for moderating. Angela also has her own amazing story founding her skincare company (just sharing in case you want to check out her amazing Hong Kong based company and products!). Thank you to all that joined our webinar on 10 December. If you missed it please feel free to watch the recording. To do so please click on the button below.

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SystematicEdge Monthly Market Overview November 2020

In November, Pfizer, Moderna, and AstraZeneca confirmed the efficiency of their vaccines, to be rolled out in 2021. The announcements provided more clarity on the economic recovery. However, going forward, we expect the economic world to be different as humans adapt and change their habits. We believe “work from home” policies will become more prevalent in the corporate world, even after the COVID pandemic is behind us, while people are becoming more conscious about health in general. Moreover, we think the green wave and ESG trend in the investment world will accelerate. The Darwinian changes, triggered or accelerated by the COVID pandemic, will progressively be reflected in the financial markets, generating rotations across sectors, regions, and asset classes. Read more about the market in this month's Market Overview.

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Case study: How one company, doing cross-border business with China, improved its profit margin

Read our latest case study on how we were able to help one manufacturing company based in Hong Kong, improve their profit margin and minimize costs associated with currency management.

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Webinar: SME Feature Event: Ways to Optimize Profit Margins while Mitigating Cross Border Risks

Join the webinar hosted by the Hong Kong General Chamber of Commerce (HKGCC) 香港總商會 on 10th of December at 10:30am, when Alain Groshens, CEO and Co-Founder of SystematicEdge, Edmond Lau, Principal for Greater China at The CFO Centre Hong Kong, and Henry Kwong, Tax Partner at Cheng & Cheng Limited (Certified Public Accountants), will discuss the future of the global currency landscape, ways to optimize profit margins, as well as pressing financial, strategic and operational risks that companies, in particular SMEs, could face in the course of conducting cross-border business. The spread of the Covid-19 pandemic, has both highlighted and exacerbated many of the risks which businesses face on a day-to-day basis while exposing the urgency to optimize profit margins. This global health crisis, accompanied by trade tensions and geopolitical uncertainty, has created an increasingly complex environment in which companies now need to operate. The challenge of coping with this 'new normal' is often greater for small and medium sized businesses (SMEs).

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