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The Impact of Social Media on Chinese Public Companies

2012-02-22 21:00 1859

NEW YORK and BEIJING, February 22, 2012 /PRNewswire-Asia/ -- CCG Investor Relations ("CCG"), a leading US-headquartered global investor relations and strategic communications agency, today announced an upcoming webinar that will discuss how the rapid evolution of social media is changing the way that Chinese companies communicate with investors and manage their reputations in the new split-second, viral world of always-on communications. Co-sponsored by Deutsche Bank's ADR group, the panelists will seek to provide CEOs, CFOs, IROs and investors a broad perspective on the implications that social media is having on the capital markets on both sides of the ocean.

The event will be moderated by Neil Stewart, editor-at-large of IR Magazine and speakers in the discussion will be:

  • Crocker Coulson, President, CCG Investor Relations
  • Alan Hellawell, Managing Director, TMT Head/Tech Strategist, Deutsche Bank Research
  • Sylvie Luk, TMT Analyst, iMeigu.com and Snowball Finance

"The social media revolution is creating unique challenges for Chinese companies in how they disclose information to investors, manage their corporate reputations, and respond to viral transmission of market-moving information," said Crocker Coulson, President of CCG Investor Relations. "The number of Facebook's active users has grown to 845 million and will eventually surpass the population of China if growth trends are sustained. And yet Chinese citizens cannot access common social media platforms such as Facebook and Twitter, which have become a core part of many global companies' marketing strategies.

"At the same time, domestic platforms such as Sina Weibo have become increasingly important sources of unmediated corporate information and market-moving rumors. In this fast evolving landscape, Chinese companies are well advised to develop a comprehensive social media strategy that encompasses branding, disclosure, investor relations and crisis communications. The webinar will offer the perspectives of experts on the front lines of capital markets, IR and financial journalism."

Among the topics that the speakers will address include:

  • What are the implications of the pending Facebook IPO for social media and Internet stocks from China?
  • How are leading global companies employing social media to drive greater engagement with their shareholders?
  • How are domestic social media platforms changing the way that analysts and financial journalists research and cover Chinese companies?
  • Who will be the winners and losers in the coming social media consolidation in China and what role will government policy play in this fast evolving market?

The webinar will take place on Thursday, March 8, 2012 at 9 a.m. Beijing/Hong Kong time, (Wednesday, March 7, at 8 p.m. U.S. Eastern Time) and is designed for CEOs, CFOs, and IR officers of Chinese companies listed overseas, as well as interested investors and advisors to Chinese public companies.

To participate in the webinar please dial the following numbers five minutes in advance of the program to allow for registration:

U.S. callers: +1-866-636-3243
China Mainland callers: 400-810-5255
Hong Kong callers: +852-3005-1333
International callers: +1-703-865-3751
The conference passcode: 7120803

About CCG Investor Relations:

CCG is a leading global investor relations and strategic communications consulting firm. In business for more than 30 years, the agency provides a complete range of investor communications, counseling, and IT and data solutions through our global network to over 100 clients across multiple capital markets. CCG has been awarded a number of industry honors for its handling of complex investor relations and crisis communications matters. The agency's corporate headquarters is in Los Angeles with additional offices in New York, Beijing, Shanghai, Hong Kong, London and Tel Aviv.

For further information, contact CCG directly, or visit the Company's web sites at http://www.ccgir.com/ and http://www.ccgirasia.com/

CCG Contact:
Crocker Coulson, President(New York)
Tel: +1 646-213-1915
Crocker.Coulson@CCGIR.com

Media Contact:
Mabel Zhang, Director of Asia Media Relations (Los Angeles)
Tel: +1 310-954-1353
mabel.zhang@ccgir.com

Source: CCG Investor Relations
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