Qing SunChief Financial Officer · Essays & perspective

Qing Sun / Chief Financial Officer

Three positions on money that leaves through the channel

Perspectives from a life in leadership.

The latest essay

Livestream e-commerce5 min read

The livestream price is heard in every shop

Chinese consumer companies still budget a livestream discount as a marketing cost confined to one evening and one audience. In a business that also sells through distributors and shops, that price travels, and the CFO should set its floor.

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The archive.

Livestream e-commerce

  1. Livestream e-commerce5 min read

    The livestream price is heard in every shop

    Chinese consumer companies still budget a livestream discount as a marketing cost confined to one evening and one audience. In a business that also sells through distributors and shops, that price travels, and the CFO should set its floor.

    Open essay

Distributor finance

  1. Distributor finance5 min read

    Distributor credit is a loan book, so price it like one

    Chinese food and dairy companies extend credit to distributors as a sales tool and record it as an ordinary receivable. It is a lending business, and it deserves a credit policy, a price and a loss estimate that a banker would recognise.

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Capital markets

  1. Capital markets5 min read

    A Hong Kong listing should solve a currency problem first

    Many mainland companies have sought a second listing in Hong Kong over the past year. For a consumer company that earns and spends almost entirely in renminbi, the case rests on needing foreign currency or foreign shareholders, and the costs should be counted before the prestige.

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