The Canadian Chamber of Commerce in Shanghai is pleased to organize a webinar together with The Canadian Chamber of Commerce in Hong Kong.
This "Lunch and Learn" was designed for SMEs that do business across borders and are exposed to the volatility of foreign currencies. Many SMEs are at risk because they do not hedge their foreign currency exposure, resulting in the reduction of their profit margin or even losses. In some cases this can lead to bankruptcies. The reasons often cited by SMEs for taking this risk are the high costs usually associated with hedging and the lack of turn-key solutions in the market.
In this lunch session we will discuss:
- Who should be hedging their Currency Risk?
- Why Hedge: 4 main currency risks & costs to be aware of, including post-COVID risk considerations for your business.
- A case study of how one operating company neutralizes their currency risk.
Followed by a discussion and Q&A moderated by Ryan Swann. This is an important topic, so bring your questions, we will try to get to as many of them as possible!
The webinar will be hosted on Zoom on July 8th, Wednesday, at 12PM noon, China Standard Time.