A Case Study By EBURY PARTNERS LIMITED

Ebury Hong Kong currency collection capability Industry: Logistics Country: United Kingdom, Hongkong Background: The client is an international logistics company located in the United Kingdom. Its main business is to transport goods between Hong Kong and the United Kingdom. It collects a large number of CNH, HKD, and USD every year. Last year, the GBP/CNH exchange rate once fell below 8.0, which it’s a good opportunity to sell CNH and buy GBP. The account manager at Ebury’s UK China desk immediately contacted Mr. Li, CEO of the logistics company, opened a Domiciliary CNH account in Hong Kong for Mr. Li’s company and locked the exchange rate at 7.9. At present, the pound has risen above 9.1. Tailored hedging strategies to maximise profitability Some logistics companies and companies that rely on international logistics for trade usually face higher exchange rate risks. Mr. Li's company mainly undertakes the transportation of goods in Hong Kong and Mainland China, so it often receives a