HKGCC Seminar: Risk Control for HK Business in China

Mainland China has long been the HKSAR’s largest business partner, offering vast domestic demand and strong purchasing power. The growing market in the Greater Bay Area provides a convenient entry point for Hong Kong businesses to expand their sales, making mainland China an invaluable market resource. Many Hong Kong businesses have already established operations in various industries within mainland China, benefiting from a thriving business environment. However, whether dealing with domestic sales or exports, Hong Kong businesses face customer risks due to different trade partners and lower transparency in mainland China’s credit system. While tools like credit insurance can help manage these risks, Hong Kong businesses must understand the latest company laws and account management methods in mainland China. This knowledge ensures smooth business operations and better protection of receivables, helping to avoid bad debts.

Outline :

1. "iQor RMS Collectability Index" of Major Industries in China
2. iQor RMS big data analysis of Chinese enterprises' payment capabilities and trends
3. How to thoroughly understand the latest operational risks of Chinese partners before or during collaboration
4. Key points to note regarding the latest Company Law in the country after July 1, 2024
5. How to create a customized accounts receivable management process for your own business
6. Powerful debt collection methods, processes, and techniques
  i. Arrangement for mutual recognition and enforcement of civil and commercial judgments between the mainland and Hong Kong Special Administrative Region Courts
  ii. The latest Personal Bankruptcy Law in China
 iii. Chinese Enterprise Bankruptcy Law
 iv. After litigation in the people's court, the enforcement measures against the dishonest person
  v. Asset inquiry and tracking of the executed person

Learning Outcomes

This seminar aims to provide businesses of all sizes with basic and effective risk assessment methods for their business partners in the domestic market, effective solutions to prevent accounts receivable from being overdue, and efficient strategies for handling accounts receivable recovery.

Speaker
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Norris Chan, Senior Consultant ‒ Receivable Management Services (HK) Ltd
Norris Chan has over 30 years of hands-on experience in the debt collection industry. As a veteran debt receivable practitioner, Norris and his team have managed cross-border portfolios exceeding billions of US dollars in various industries including finance, telecommunication, and manufacturing. He is a popular speaker and has conducted over a thousand seminars in Greater China. His clients include Canton Trade Fair, ET Business College, HKU SPACE, etc.
Language
Cantonese

Date and Time
21 Nov 2024 (15:00 to 17:30)
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Venue
HKGCC Chamber Theatre
22/F United Centre

Contact
Ms. Wing Lau 22018296 / [email protected]

Fee
Booking through RMS only HK$380 per person

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Download Booking Form

hkgcc-21nov2024-booking_form_eng.pdf
File Size:	756 kb
File Type:	pdf

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