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") .
China's National Bureau of Statistics reported yesterday that profits at industrial firms remained resilient in August, rising 19.1% from a year ago, slightly less than the 19.6% y/y surge in July. In month-over-month terms, profits fell 1.6% in August.
28/09/2020 - 8:10am Business and Market Discussion
Brad Gibson, Co-Head of APAC Fixed Income at AllianceBernstein says that new stimulus measures in the US could lead to a short-term boost but warns that it could engulf the country's economy into a debt trap.
Gavin Parry, Managing Director at Parry International Trading observes that China's stimulus measures work because of consumers' reliance on the domestic market and government supervision of production.
28/09/2020 - 8:23am View from mainland China
The Hong Kong government has announced that, from Friday, dine-in services will be allowed at restaurants in the evenings and entertainment venues such as cinemas will reopen as it eases some of the toughest social distancing restrictions implemented in the city to prevent the spread of Covid-19. Chief Executive Carrie Lam called on residents to support the territory-wide testing scheme saying it would kick start the city’s economy.
26/08/2020 - 8:08am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust expects the dual Hong Kong - Shanghai listing of Ant Group to be popular amongst investors and provide a big boost to the Hong Kong and Shanghai exchanges.
Khiem Do, Head of Greater China Investments at Barings says that the commitment to the US-China Phase 1 trade deal by the two countries' trade negotiators will boost US markets.
RTHK's International Economics Correspondent Barry Wood compares the US efforts to combat Covid-19 with Hong Kong, where 40,000 new infections were reported across the United States yesterday.