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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
President Trump has lauded the Phase 1 US-China trade deal as “one of the greatest trade deals ever made.” He tweeted that the deal was “also good for China and our long-term relationship. US$250 billion will be coming back to our country, and we are now in a great position for a Phase Two start. There has never been anything like this in U.S. history.”
Vice Premier Liu He said China has little interest in immediately starting talks on a phase two deal with the US. He said, “we might get nothing if we rush to a second job before the first one is properly done. I don’t think it's a wise choice to impatiently launch new stages of talks."
Microsoft has promised to remove "all of the carbon" from the environment that it has emitted since the company was founded in 1975. Chief executive Satya Nadella said he wants to achieve the goal by 2050. And the company will become carbon negative by 2030, removing more carbon from the environment than it emits.
On today’s Money Talk we’re joined by Francis Lun of GEO Securities and Peter Churchouse of Portwood Capital. On the phone from Sydney with the view from Australia is Toby Lawson at Societe Generale Australia.
17/01/2020 - 8:09am Business and Market Discussion
Francis Lun, CEO of GEO Securities highlights that despite its technological advancement, China still lacks behind in microchip technologies, something that still makes it over-reliant on the US.
Peter Churchouse, Founder of Portwood Capital says that in spite of the unrest in Hong Kong, residential housing transactions hit a 12-year high in 2019.
17/01/2020 - 8:24am View from Australia
Hong Kong's economy grew by 0.5% in the second quarter compared to the same period last year, missing estimates for growth of 0.6%. It’s the slowest growth since the global financial crisis. On a quarter-on-quarter basis GDP shrank by 0.4%. Protesters marched through Hong Kong for an eleventh successive weekend, with an estimated 1.7 million people demanding reforms. Financial Secretary Paul Chan warned yesterday Hong Kong should brace itself for an “economic typhoon.” President Trump said if Beijing uses violence in Hong Kong, it would make a trade deal with China hard.
Joining today’s Money Talk to review the latest business, finance and economic headlines are Alex Wong at Ample Capital and Samuel Faveur of Mandarin Capital. Providing the view from the Mainland is Ben Cavender at the China Market Research Group. After 8:30 we discuss innovation & technology in Hong Kong with Wong Kam-fai from the Chinese University of Hong Kong; Sankar Villupuram from ARUP; Ernest Lo, Founder of Future Impact Lab and Naubahar Sharif from the Hong Kong University of Science and Technology.
19/08/2019 - 8:09 Business & Market Discussions
Alex Wong, Director of Asset Management at Ample Capital, says he is not optimistic about Hong Kong’s stock market until a political solution is found to the social unrest, but he is more positive on Chinese A-shares.
Samuel Faveur, CEO and Founder of Mandarin Capital, comments that it’s difficult to forecast how long the economic downturn in Hong Kong will last, since the main components of the economy including retail, tourism and exports are being dragged down by the protests and the international situation.
19/08/2019 - 8:24 View from China
19/08/2019 - 8:35 Monday Debate: Innovation & Tech in HK
Wong Kam-fai, Director of the Center for Innovation and Technology at the Chinese University, comments that although Hong Kong is moving forward in developing innovation and technology, the pace is still slow compared to other cities in Guangdong.
Sankar Villupuram, Digital Services Leader in East Asia from ARUP, points out that the internationally high-ranked universities in Hong Kong and the education system here have laid an important foundation for innovation to develop.
Ernest Lo, Founder of Future Impact Lab, expresses his concern that Hong Kong does have talent but is finding problems in keeping people.
Naubahar Sharif, Associate Professor at the Division of Social Science of HK University of Science and Technology, says that attracting foreign talent to the city goes beyond innovation and tech to areas like the government's policies and the quality of life in Hong Kong.