S&P Global Ratings Corporate Ratings analysts hosted our Asia Corporate Outlook Conference 2023 | The Year of the Pivots on Tuesday, January 17^th, 2023. Where senior members of the Asia-Pacific corporate ratings team, along with industry experts discuss the key risks and opportunities in 2023 from rates, COVID, issuance, commodity cycles, and defaults and recovery across corporate sectors in China, India and Southeast Asia.

*Please Note: This event is closed to the media.*

Agenda 

Welcome & Opening Remarks

Christopher Lee, Managing Director & Lead Analytical Manager, Corporate Ratings, Asia-Pacific, S&P Global Ratings

Global Overview

Gregg Lemos-Stein, Managing Director & Chief Analytical Officer, Corporate Ratings, S&P Global Ratings

Panel 1: The Year of the Pivots

• Rates, Zero-COVID, US/China – How will investors manage the coming pivots?
• Primary Markets – Active sectors and new issuers in 2023
• Bright spots vs Storm Clouds – Outlooks across sectors

Neeraj Seth, Chief Investment Officer & Head of Asian Credit, BlackRock
Gordon Tsui, Managing Director & Head of Fixed Income, Ping An of China Asset Management (Hong Kong) Limited
Janessa Jia, Managing Director, Head of Fixed Income International Team, Investment Banking, China International Capital Corporation
Gregg Lemos-Stein, Managing Director & Chief Analytical Officer, Corporate Ratings, S&P Global Ratings
Moderator:  Charles Chang, Senior Director, Greater China Country Lead, Corporate Ratings, S&P Global Ratings

Panel 2: Asia Debt Restructuring – Opportunities & Risks

• How long can Chinese developers’ keep extending debt maturities?
• What can investors expect in terms of recovery in the event of liquidation?
• What are the key drivers of recovery rates of Chinese developers?

Howard Lam, Partner, Latham & Watkins
Sophia Xia, Co-head of China Restructuring, Houlihan Lokey
Moderator:  Christopher Lee, Managing Director & Lead Analytical Manager, Corporate Ratings, Asia-Pacific, S&P Global Ratings

Panel 3: Commodities – Higher for Longer?

• How are commodities positioned in 2023 following elevated prices in 2022?
• What are the implications of China’s Covid restrictions easing on commodities?
• How are commodities producers coping with energy transitions?
• How does energy security mean for some producers’ zero transition commitments?

Soo Chong Lim, Managing Director and Head of Asia Credit Research, J.P. Morgan
Thu Ha Chow, Head of Fixed Income Asia, Robeco
Kang Wu, Head of Global Demand and Asia Analytics, S&P Global Commodity Insights
Moderator:  Richard Timbs, Senior Director, Pacific Country Lead, Corporate & Infrastructure Ratings, S&P Global Ratings