Shenzhen, 5 September 2016 — In excess of 200 clients have registered to attend the 13th UBS A-share Conference in Shenzhen organised by UBS's securities arm in China, UBS Securities. Taking place on 6 and 7 September, the two-day conference will address the challenges and opportunities presented by the new economy in China and the surge of overseas direct investment by Chinese firms.
Delegates include representatives from Hong Kong Exchanges and Clearing Limited, the China Education Innovation Institute of Beijing Normal University, and senior management from a range of new economy industries, including technology, new-energy vehicles, education, sports & entertainment, and healthcare & beauty.
"Despite the challenges of a macroeconomic slowdown, industrial overcapacity and mounting debts in China, the growth of the new economy has been vibrant and increasingly a focus for international investors," said David Xu, Head of Equities for UBS Securities.
"With around 1,000 meetings and interactive sessions planned, we believe the conference will be an unprecedented forum for all stakeholders and potential stakeholders in China's new economy," added Xu.
The Conference will start with a panel discussion on "How will the Connect programs shape two-way investment demand and product development", moderated by, Ting Gao, Head of China Strategy at UBS Securities.
"Domestic mutual funds are increasingly interested in offering products covering both mainland and Hong Kong stocks via Shanghai-Hong Kong Stock Connect as well as the soon-to-be-launched Shenzhen-Hong Kong Stock Connect program," said Gao.
"There is a clear bias towards growth and consumer-related stocks in the northbound flow via Shanghai-Hong Kong Stock Connect. The new Shenzhen-Hong Kong program will provide international investors with greater access to structural growth in China via new economy stocks," Gao concluded.
The first UBS A-share Conference took place in Singapore and Hong Kong in 2004, a year after UBS became the first international institution to receive approval for a Qualified Foreign Institutional Investor (QFII) program.
For information about the Conference, visit 13th UBS A-share Conference. Attendance is by invitation only.
Notes for editors
UBS Securities Co. Limited
UBS Securities Co. Limited (“UBS Securities”) is the first foreign-invested securities firm in China with full licenses to conduct businesses including securities brokerage, securities investment consultancy, financial advisory related to securities trading and securities investment activities, securities underwriting and sponsoring, securities proprietary trading, securities asset management and distributing financial products.
The company was registered in December 2006 with a registered capital of RMB 1.49 billion. It was established through the restructuring of Beijing Securities. The five shareholders include: UBS AG (24.99%); Beijing Guoxiang Property Management Co., Ltd (33%); Guangdong Provincial Communication Group Co., Ltd. (14.01%); COFCO (14%) and China Guodian Capital Holdings LTD(14%).
UBS Securities has six business groups -- Corporate Client Solutions, Equities, FX Rates & Credit, Wealth Management, Asset Management and Research. It owns 100% of UBS Futures Co., Limited.
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