April 2020 | Insights from Tricor Executives

Apr 30, 2020

Read the latest insights from Tricor's executives.

Zrzut ekranu 2020-07-27 o 6.14.25 PM

(29 April, 2020) Hong Kong Economic Journal

As COVID-19 continues to cast a shade over global business with a possibility of impacting all of 2020, companies should prepare and brace themselves for a long fight ahead.

Tricor Group Chief Operating Officer & Group Chief Financial Officer, Wendy Wang, shared with the Hong Kong Economic Journal the critical factors companies should consider as they look to weather the challenging financial and economic conditions in the long-term.  She suggested that cash flow is often the single point of failure in any organization and concluded some practical strategies to take for long-term planning.

Above: Excerpt from the interview. Please refer to this link to view the article in full from HKEJ.

2020429日)香港信报

随着COVID-19继续为全球业务蒙上阴影,且其负面影响可能持续到今年年底,企业应该为长期的对抗做好准备。

卓佳集团财务及营运总裁王辉女士与信报分享了她对当前亚太地区的经济状况的分析,以及企业应考虑哪些重要因素来度过财务和经济的难关。她认为现金流通常是决定企业存亡的首要因素,并总结了一些实用策略助各公司进行长期规划。

上图:采访摘录,请参考此链接查看香港信报的全文。

 

Zrzut ekranu 2020-07-27 o 6.15.04 PM

(15 April, 2020) Hong Kong Business Magazine

The burgeoning middle class in APAC specifically in mainland China, Vietnam and India, have created a growing market for Trust Services. As such, Tricor has recently expanded its services to meet this significant market demand. Michael Shue, Managing Director of Tricor Trust oversees all trust deliveries, compliance and implementation, and shares his perspectives on how Tricor is adapting to a changing market as well as the key considerations when choosing a trustee.

Above: Excerpt from the interview. Please refer to this link to view the article in full from Hong Kong Business Magazine.

(2020年4月15日)Hong Kong Business Magazine

在亚太区的国家中,特别是中国大陆、越南和印度,新兴的中产人士为信托服务业创造了一个迅速增长的市场。 藉此机会,卓佳最近扩展了其信托服务,以满足这一巨大的市场需求。 由于客户的需求千变万化,因此卓佳香港负责监督所有信托的交付、合规性和实施的信托服务董事总经理邵伟球就卓佳需要适应变化不断的市场的原因及选择受托人是的主要考虑因素发表了个人的见解。

上图:采访摘录。请点击此链接查看《Hong Kong Business Magazine》中的相关全文。

 

Zrzut ekranu 2020-07-27 o 6.15.35 PM

(April 14, 2020) Ming Pao - Money Tuesday

As a leading share registrar in Hong Kong SAR servicing over 50% of listed issuers on the Hong Kong Stock Exchange, Catharine Wong, Head of Share Registry & Issuer Services of Tricor Hong Kong, shared her professional insights with Ming Pao on the upcoming marketing trend, "There will be significant growth in both technical stocks and pharmaceutical stocks in the market once COVID-19 is in control."

Above: Excerpt from the interview. Please refer to this link to view the article in full from Ming Pao.

 

Zrzut ekranu 2020-07-27 o 6.15.44 PM

(April 14, 2020) Ming Pao - Money Tuesday

Tricor's Hybrid Conference System can not only help businesses to fulfil social responsibility under the ban of public gathering in response to COVID-19 pandemic, but also help to enhance the commitment of corporate governance.

If a shareholder holds shares through a bank or a broker, the respective shares would only be registered under the name of The Central Clearing And Settlement System ("CCASS") in the register of members. As the listed company does not know the underlying beneficial owners of the shares under CCASS, these shareholders holding uncertificated shares would find it hard to attend AGMs and EGMs.

With the Hybrid Conference System, Tricor will work closely with HKEX to tackle this major challenge and provide an effective solution to shareholders.

Above: Excerpt from the interview. Please refer to this link to view the article in full from Ming Pao.

 

Zrzut ekranu 2020-07-27 o 6.16.45 PM

(7 April, 2020) FutureCIO

To improve performance and customer experience, businesses are seeking for ways to do digital transformation.

Tim Hurman, Tricor Group Head of Digital Transformation, shares his practical advice with FutureCIO on how companies can improve their digital transformation success rate.

Tim underscores that digital transformation requires a lot of planning and commitment from business leaders. Tricor often engages with its multinational clients during their transformation journeys to effectively plan and implement a comprehensive digital transformation strategy.

Above: Excerpt from the interview. Please refer to this link to view the article in full from FutureCIO.

202047日)FutureCIO

为提升业务表现及客户体验,企业正在寻求实现数字化转型的方法。

卓佳集团集团转型总监Tim Hurman与FutureCIO分享如何帮助企业提高数字化转型成功率的实用建议。

Tim强调,数字化转型需要商业领导不断的计划和投入。卓佳经常在跨国客户转型的旅程中协助他们规划及实施全面的数字化转型战略。

上图:采访摘录,请参考此链接查看 FutureCIO 的全文。

 

image-79

(April 7, 2020) TVB News Channel The Brokers Hot Pick

Wendy Wang, Tricor Group Chief Financial Officer and Chief Operating Officer, shared her views with TVB during The Brokers Hot Pick segment hosted by Miranda Cheng where she pointed out that companies in the APAC region are not confident in responding to the negative impact caused by COVID-19.

More than 70% of the respondents believed that they are not adequately prepared to encounter the pandemic. Some of them underestimated the scope of the pandemic, misjudged the economic impact, and managed their cash flows ineffectively, according to Tricor’s COVID-19 Business Sentiment Report. Under COVID-19, businesses may encounter slower sales volumes and cash receivable collection challenges in the coming two months which will impact and revenue and profit margins.

Above: Excerpt from the interview. Please refer to this link to watch the full video.

202047日)无线新闻台财经热话

卓佳集团财务及营运总裁王辉女士于无线新闻台(频道83)由郑莹主持的《财经热话》节目里指出,亚太地区的企业缺乏信心应对COVID-19带来的负面影响。

超过70%的受访者认为他们没有充分准备好应对大流行。根据卓佳的《COVID-19商业信心与弹性晴雨报告》,部分企业表示现金管理不力,并低估了大流行病的范围及其对经济发展的影响。

在COVID-19疫情下,企业在未来两个月可能会遇到销售放缓和现金流挑战,这将影响收入和利润率。

以上:采访摘录。请参阅此链接以观看完整视频。

 

Zrzut ekranu 2020-07-27 o 6.18.25 PM

(April 7, 2020) TVB Finance & Information Channel “The Investment Tips

Wendy Wang, Tricor Group Chief Financial Officer and Chief Operating Officer, shared her views with TVB during The Investment Tips segment hosted by Miranda Cheng where she highlighted the key findings of Tricor’s COVID-19 Business Sentiment & Resilience Barometer Report and practical suggestions on how companies can recover from the economic downturn on Channel 85.

She mentioned that companies might conduct operational restructuring amid the COVID-19 pandemic and challenging business environment. Tricor’s survey highlighted that companies are considering expanding into different markets to mitigate risks. Tricor recommends companies should identify a trusted partner do work with to ensure business operational restructuring and diversification into additional markets is effectively handled in accordance with local regulation. 

Wendy highlighted that Tricor has provided investor and IPO services to nearly 1,400 companies listed on the Hong Kong Stock Exchange. The growth in the number of listed companies in Hong Kong from January to March is the same as last year. She expected that there will be improved economic growth in the Hong Kong market in the year ahead.

Above: Excerpt from the interview. Please refer to this link to watch the full video.

(2020年4月7日)无线财经·资讯台《财经焦点》

卓佳集团财务及营运总裁王辉女士于无线财经·资讯台(频道85)由郑莹主持的《财经焦点》节目里分享了卓佳的《COVID-19商业信心与弹性晴雨报告》的重点摘要及企业如何从经济衰退中复苏的一些实用建议。

王女士接受访问时表示,企业在面对困境和疫情时或会考虑业务重组。报告显示,企业有意把业务扩展至其他区域,以分散及减少风险。卓佳建议企业寻找一个值得信赖的合作伙伴,以争取在短期内有效解决业务重组、业务拓展到其他区域和当地合规等问题。

王女士指出卓佳已为近1,400家香港上市公司提供投资者和首次公开招股服務。今年一月至三月份的香港上市公司的增长与去年同期持平。她预测来年的经济增长将逐渐向好。

以上:采访摘录。请参阅此链接以观看完整视频。

 

Zrzut ekranu 2020-07-27 o 6.19.04 PM

(Apr 1, 2020) Hong Kong Economic Times

With the new measures announced by the Hong Kong government in view of the COVID-19 outbreak, public gathering of more than 4 people is banned for 2 weeks starting from March 29, 2020. Listed Issuers' AGM/EGM are greatly affected, exemptions are limited to AGM only while grey area still exists for EGM.

Catharine Wong, Head of Share Registry & Issuer Services of Tricor Hong Kong said "EGM is mainly held to discuss crucial issues in a company. If it is delayed, it may affect the operation of the business and its strategic plan, leading to stock price changes."

Wendy Ho, Executive Director of Tricor Hong Kong said "United States, United Kingdom and Australia are holding virtual AGMs nowadays. Hong Kong, as an international financial centre, should move towards to the use of hybrid meeting & e-voting, this will definitely pose a positive impact on business development."

Above: Excerpt from the interview. Please refer to this link to view the article in full from Hong Kong Economic Times.

Topics: Tricor News

Tricor Group
About the Author

Tricor Group

More Articles