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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Economic growth on the mainland has beaten expectations, rising 6.4% in the first quarter. It was boosted by an improvement in factory activity which saw its biggest jump in almost five years.
America’s trade deficit unexpectedly shrank to its narrowest level in eight months in February. The trade gap in goods with China fell US$3.1 billion to US$30.1 billion
With us on today's Money Talk are Mark To of Wing Fung Financial Group, and Anthony Chan from Union Bancaire Privée. In the second part of the programme, we’ll be joined by Charles Mok, Legislator representing the IT Functional Constituency.
18/04/2019 - 8:07 Business and Market Discussions
Mark To, Managing Director of Asset Management at Wing Fung Financial Group, is of the view that the massive stimulus on the mainland seen in the first quarter will not be sustainable.
Anthony Chan, Chief Asia Investment Strategist at Union Bancaire Privée, says that the jump in Chinese industrial production to 8.5% in March is surprising, and he forecasts that the stock market will continue to perform well despite a possible setback in the April figures.
18/04/2019 - 8:18 Businesses Under Proposed Change to HK Extradition Law : Charles Mok
Charles Mok, Legislator representing the IT Functional Constituency, says that businesses in Hong Kong have expressed concern over the proposed changes to the extradition law, and they may relocate to other Asian countries where they feel more comfortable and safe, if the amendment to the law is passed.
Markets reopen on the mainland after the lunar new year holiday with all eyes on the continuing trade talks between the world’s two largest economies. China’s Ministry of Commerce confirmed over the weekend that Vice Premier Liu He will meet US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Beijing on Thursday and Friday of this week. However, President Trump confirmed that he won’t meet President Xi Jinping before the March 1 deadline for averting increasing tariffs on US$200 billion of Chinese goods.
San Francisco Federal Reserve President Mary Daly said on Friday that further US interest rate rises seem less necessary now than a few months ago and revealed that the Fed is currently discussing using QE as a regular tool, and not just during “emergencies.” That revelation sparked a rebound in US stocks on Friday off their lows and a rally in Treasuries.
Joining today’s Money Talk are Alex Wong of Ample Capital and Le Xia from BBVA Research. Providing the view from the mainland is Ben Cavender at the China Market Research Group in Shanghai.
11/02/2019 - 8:08 Business and Market Discussions
Alex Wong, Director of Asset Management at Ample Capital, expects that with the completion of new infrastructure projects, the local retail sector is likely to rebound and become one of the key sectors in supporting the Hong Kong economy.
Le Xia, Asian Chief Economist from BBVA Research, comments that China is in the middle of two battles - the trade war with the US and the domestic slowdown. He says China should further ease its monetary and stimulus policies in order to prevent a hard landing and reinforce investors' confidence.
11/02/2019 - 8:24 View from China