Peter Lewis: A fast moving and topical business and finance show.
A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live from 8 a.m. to 8.30 a.m. every weekday morning on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
US stocks have fallen sharply overnight as investors confront a number of fears including Donald Trump's ability to push through infrastructure spending and tax reforms. In the latest blow to Donald Trump’s relationships with the business community, he has abandoned plans for a third business council. The White House announced this morning that it would not go ahead with a planned Infrastructure Council that would have advised the President on how to invest in roads, bridges and other public works projects. White House strategist Steve Bannon says the United States is in an "economic war" with China, and just 5 years away from hitting a point at which America will never be able to recover.
E-commerce giant Alibaba has almost doubled its profits in the last 3 months. The company benefitted from strong growth in its core ecommerce business, as more Chinese shoppers bought online.
On today’s Money Talk to provide their analysis on the China markets are Francis Lun of GEO Securities and Dickie Wong of Kingston Securities. Toby Lawson, CEO of Societe Generale Securities in Sydney gives us an Australian perspective on the latest business news. Alfred Lau, property analyst at BOCOM discusses the outlook for the Hong Kong and mainland property sector. Finally, we are joined by Gilly Wong, Chief Executive of the Hong Kong Consumer Council. (8am-9am, email to firstname.lastname@example.org)
18/08/2017 - 08:08 Business and Market Discussions
Francis Lun, CEO of GEO Securities says there will be a correction of at least 1000 points in the Hong Kong stock market and when the Hang Seng index reaches 26500, investors can consider buying again.
Dickie Wong, Executive Director of Kingston Securities says the political uncertainty in the US affects sentiment but should not have any other impact on the HK market.
18/08/2017 - 08:20 View from Australia
18/08/2017 - 08:33 Industry Focus: Property
18/08/2017 - 08:45 Hong Kong Consumer Council