THE HONG KONG INSTITUTE OF SURVEYORS

Code	:	2021118
Event Name	:	Impact of US monetary policy normalization on the global investment markets and Hong Kong Property Market
CPD Code	:	Formal Events
Speaker	:	Mr. Tommy Ong, Managing Director & Regional Strategist, Wealth Management Solutions, Treasury & Markets, DBS Bank (HK) Ltd Tommy is Regional Strategist of Wealth Management Solutions in Treasury and Markets. He is responsible for investment strategies for Wealth customers. Prior to that he was responsible for Investment products distribution to Wealth Management segments in the Greater China area. Before joining DBS Bank, Tommy was a Director in Citigroup Private Bank Mega Wealth Segment. He was responsible for all capital market advisory activities to North Asia MegaWealth clients. Tommy has over thirty years of experience in banking industry. He spent his early years in JP Morgan Bank and Citibank in Hong Kong and Singapore as proprietary trader in FX and options. Tommy was ranked no. 1 for several years by Euromoney and Asiamoney as best dealer in various currencies.
Event Date	:	2021-07-27
Event Time	:	7:00 pm - 8:30 pm
Registration Closing Date	:	2021-07-25
CPD Hour(s)	:	1.5
Divisional PQSL Hour(s)	:	1.5
Venue	:	By online media – ZOOM
Division	:	GPD
Organizer	:	General Practice Division
Fee	:	HK$150 for member; HK$250 for non-member
Priority	:	First-come-first-served
Language	:	Cantonese (supplemented by English)
Details	:	Recovery of global economies has driven up inflation, leading to expectation about monetary policy normalization, especially in the U.S. What is the likely path and timing of normalization? Will US FED stop buying bonds next year? Will they still reinvest proceeds? Will they start hiking rate in 2023? On the other hand, U.S. Administration is planning on Infrastructure investment and Childcare subsidies with a size of US$2.3 trillion. In order to finance the deficits, Biden is proposing tax hikes, what will be the impact of tax hikes? Hong Kong Dollar is linked to the USD under currency board, that implies Hong Kong interest rates will move in tandem with the US rates, what is the impact on the property market and other asset markets when interest rates go up? What are the impacts on Equity markets, bond markets and Foreign Exchange markets on US FED's move?
Remarks	:	The event will be conducted online via ZOOM. Successful registrants will be notified separately via email with the web link in due course to the online event. Please install the Zoom Application in advance at https://www.zoom.us/download. For Mobile phones, iPads & Android, install the ZOOM Cloud Meetings app from App Store or Play Store. For PC and Mac, download and install the Zoom Client for Meetings.
Payment	:	HKD 150
Face-to-Face/Zoom	:	Please refer to the remarks

1.	The registration fee is non-refundable and non-transferrable.
2.	A registration number will be generated for each application. The registration number is unique and non-transferrable. Members cannot proceed to payment if they do not apply the CPD event and obtain the registration number through the HKIS website.
3.	Payment can be made by cheque or by Credit Card (Shanghai Commercial Bank Ltd. / American Express). Cheques should be made payable to “SURVEYORS SERVICES LTD.”. A separate cheque or Credit Card payment instruction form is required for each event/ application. You should write down the registration number and HKIS membership number at the back of your cheque. The HKIS Secretariat will update the payment status and your application will be confirm when HKIS Secretariat receive your payment.
4.	Payment by PayPal is also acceptable. Please register in our web site before the closing date for each event. Please be reminded that if you cannot settle the payment within 7 days from the date the HKIS Secretariat accepted your registration, your registration number will be invalid and your application will be rejected. Your name will not be included in the registration list and you cannot attend the concerned CPD event. (Not applicable for site visit / social event / joint event with other organisation)
5.	An official receipt which must be presented at the event, will be available for downloading from the "CPD Profile" under Members Corners when payment is received.
6.	Incomplete or wrongly completed registration will not be processed.
7.	In the event a Typhoon Signal No. 8 or above or Black Rainstorm Warning is hoisted, the event will be postponed and a new arrangement will be announced. Should the aforesaid warnings be lowered 4 hours before the event, the event will proceed as normal.
8.	If you have not received any reply from HKIS Secretariat within 7 days of the event, you may call the Secretariat at 2526 3679 to check the progress of your registration.
9.	The HKIS reserves the right of final decision and interpretation in the case of any disputes.

1.	I confirm that I fully understand and accept the risk of joining the above visit. Under no circumstances shall The Hong Kong Institute of Surveyors ("HKIS"), their staff or agents be held liable for the consequence of any accidents whether or not they are caused by the negligence of the HKIS, their staff and/or agents.
2.	Members participating in the above visit shall be in good health condition.
3.	While the HKIS has arranged Group Personal Accident insurance for members joining the above visit, members who have been accepted for joining the above visit can consider procuring an appropriate insurance policy to cover their own risks before attending the event.
4.	Claims related to COVID-19 and/or pandemics are excluded under the insurance policy procured by the HKIS.