The evolving global economic landscape and increasing concerns over the sustainability of US debt are prompting questions about the long-term role of the USD in international markets. These changes could accelerate a shift in the global FX order, influencing currency trading norms.
As the characteristics of the USD evolve, other reserve currencies—such as gold and the CNH—may gain prominence. Over time, the yuan could play a more significant role in global trade and finance. The growing volume in USD/CNH futures markets offers new liquidity opportunities for bank eFX desks and buyside firms while creating trading advantages for institutions operating between OTC markets and listed futures.
TMA is delighted to have invitedÌýspeakers fromÌýBloomberg and HKEXÌýtoÌýdiscuss with Members the latest development of CHN. The synopsis is:
1. Market Insights: The Future of USD/CNH
- Macro analysis of the USD/CNH currency pair
- Impact of global economic developments on CNH
2. Innovative Risk Management with HKEX FX Products
- Key trends in CNH liquidity and demand
- Benefits of trading USD/CNH futures on HKEX
- Hedging strategies using USD/CNH contracts
- Advantages of HKFE's platform for institutional participants
3. Q&A Session
Speakers
Mr. Stephen Chiu
Chief Asia FX and Rates Strategist
Bloomberg Intelligence
Stephen Chiu has over 15 years of experience in research and trading in FX and Rates. Stephen joined Bloomberg Intelligence's FICC team in 2019 and built out the Asia FX and rates coverage. He involves in expanding the company’s global franchise heavily and he was promoted to Chief Asia FX and Rates Strategist in 2021. Prior joining Bloomberg, Stephen demonstrated his FX/rates trading and research expertise at Bank of Tokyo-Mitsubishi UFJ. (2010-2016) and advanced his FX research career at China Construction Bank (Asia) (2016-2019). Stephen holds a Bachelor's degree in Physics (First Class Honours) from the University of Oxford, a Master's degree in Finance (Distinction) from Imperial College London and a Chartered Financial Analyst (CFA) membership.
Mr. Vincent Wang
Vice President
FIC Product Development
Hong Kong Exchanges and Clearing Limited
Vincent Wang serves as Vice President in FIC platform development for Hong Kong Exchanges and Clearing Limited. He is responsible for the development of FIC products. Vincent has over 15 years of experience in the financial service industry, including FICC sales and trading roles. Prior to joining HKEX in 2023, Vincent was the director of Ping An Bank Global Market Division, where he led offshore FICC sales business for Ping An Bank and was head of Global Market of Hong Kong Branch. He has also previously worked for IHS Markit and Standard & Poor’s.
Vincent holds a master’s degree of Business Administration from Hong Kong University and a master’s degree of Electricity Engineering from Beijing Jiao Tong University in Beijing, China respectively. He has been a CFA charter holder since 2012.
Event Details:
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Date & Time:ÌýTuesday, 9 September 2025 | 5:00 PM – 6:30 PM (Hong Kong Time)
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Platform:ÌýZoom Webinar
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Language:ÌýEnglish
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CPD Credits:Ìý1 CPD (TMA) credit will be awarded upon completion
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Registration Deadline:Ìý2 September 2025 or until capacity is reached
For more information and to register, please visit: