Bank Of Shanghai(SH:601229) 经济观察报·2025-06-03 11:17Core Viewpoint - The event focused on the importance of exchange rate risk management for Chinese enterprises in the context of evolving global economic dynamics, emphasizing the need for effective hedging strategies to mitigate risks [1][4][7]. Group 1: Event Overview - The event titled "Exchange Rate Risk Management Seminar under New Circumstances" was held on May 30 at the Bund, attended by nearly 30 representatives from various industries including manufacturing, trade, and technology [1]. - Key speakers included officials from the State Administration of Foreign Exchange and senior executives from Shanghai Bank and the Foreign Exchange Trading Center [1][4]. Group 2: Key Presentations - Shanghai Bank's Business Director highlighted the significance of adopting a "neutral exchange rate risk" approach and shared the bank's achievements in supporting enterprises' hedging needs [4]. - The General Manager of the Foreign Exchange Trading Center discussed recent accomplishments in the interbank foreign exchange market and future initiatives to enhance services for corporate clients [5]. - The Director of the International Balance of Payments Department emphasized the principles and strategies for managing exchange rate risks, particularly in the context of dual currency fluctuations [7]. Group 3: Expert Insights - An invited expert from CITIC Bank analyzed the impact of Trump's tariff policies on international order and suggested that the renminbi would demonstrate resilience amid a shift towards diversified global asset allocation [9]. - The product manager from the Foreign Exchange Trading Center presented the functionalities and applications of the corporate foreign exchange trading service platform [11]. Group 4: Future Outlook - The event facilitated in-depth discussions on the mechanisms of exchange rate fluctuations affecting cross-border operations and the selection of hedging tools in complex market environments [13]. - The future development of exchange rate hedging services for Chinese enterprises is expected to be robust, supported by the People's Bank of China, the State Administration of Foreign Exchange, and the Foreign Exchange Trading Center [13].