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 every weekday morning 8 to 8:30 a.m. 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 "MoneytalkRadio3") .
Hong Kong Chief Executive Carrie Lam has delivered her third policy address through a recorded video after pan-democracy lawmakers twice forced the adjournment of the meeting and prevented her from delivering her speech in the chamber. Her focus was on four areas: housing, land supply, improving people’s livelihood and economic development.
On today’s Money Talk we analyse the 2019 policy address with Enzio von Pfeil of St. James’s Place and David Roche from Independent Strategy. In the second half of the programme we get the thoughts of Charles Mok, legislator representing the IT Functional Constituency.
17/10/2019 - 8:05 Business and Market Discussions
Enzio von Pfeil, Private Wealth Adviser at St. James’s Place, says that this year's Policy Address lacks an overall vision about the direction Hong Kong is heading.
David Roche, President and Global Strategist from Independent Strategy, comments that Chief Executive Carrie Lam's new measures for housing and land supply are correct in theory, but there is no focus on the delivery and timetable.
17/10/2019 - 8:18 Review of Policy Address
Charles Mok, Legislator representing the IT Functional Constituency, comments that the 2019 Policy Address is the worst since the handover, with nothing new in innovation and technology. Mr. Mok adds that many international companies in Hong Kong have expressed concern over the suggestion to shut down the internet and they have put investments on hold.
Federal Reserve Chairman Jerome Powell has indicated that an interest rate cut could be on the way later this month. Speaking before the US Congress he said, “uncertainties around trade tensions and concerns about the strength of the global economy continue to weigh on the US economic outlook,” and business investment across the US has slowed “notably.”
Consumer price inflation on the mainland rose 2.7% in June, the same as the previous month, despite a continuing surge in food prices. The price of fruit in China has jumped almost 43% since a year ago. Pork prices, which have been hit by an outbreak of deadly African swine fever, rose 3.6% m/m and 21.1% y/y, the fastest rise in three years. Producer price inflation saw zero increase y/y, ending almost three years of uninterrupted growth.
On Thursday’s Money Talk, we’re joined by Enzio von Pfeil, Private Wealth Adviser at St. James’s Place. Wei Zhou, Founder of China Creation Ventures and a speaker at this year’s RISE Tech Conference in Hong Kong, will tell us about venture capital on the mainland. Finally, the view from Taiwan is provided by political risk consultant, Ross Feingold.
11/07/2019 - Business and Market Discussions
11/07/2019 - Wei Zhou: China Creation Ventures
11/07/2019 - View from Taiwan