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") .
Troubled property developer China Evergrande said Thursday that it will suspend trading of all its local bonds for one day for investors to assess the impact of a credit rating cut by China Chengxin International. Evergrande's Shanghai traded corporate bonds were downgraded to ‘A’ from ‘AA’ by China Chengxin.
17/09/2021 - 8:10am Business and Market Discussion
Kenny Wen, Wealth Management Strategist at Everbright Sun Hung Kai says it is still too early to be looking for a bottom in Hong Kong stocks despite the Hang Seng index being the world’s worst performer this year amongst global indices.
Nate Taplin, Asia Editor of the Wall Street Journal’s Heard on the Street thinks that the increased scrutiny of Macau's gaming industry is raising concerns in investors’ minds about further regulatory crackdowns.
17/09/2021 - 8:24am View from India
Manufacturing in China’s private sector grew at the fastest pace in nearly ten years in August. The Caixin/Markit manufacturing PMI came in at 53.1, compared to 52.8 in July. The survey reported the sub-indices for output and total new orders hit their highest levels since January 2011 and the gauge for new export orders also entered expansionary territory for the first time this year.
02/09/2020 - 8:08am Business and Market Discussion
David Roche, President of Independent Strategy highlights that China pumps money into corporations which helps the PMI survey, but the PMI gauge doesn't reflect rising wealth inequality.
Gavin Parry, Managing Director of Parry International Trading says that Warren Buffet's investments in Japan are a vote of confidence for the long term prospects of Japan's economy.
Barry Wood, RTHK's International Economics Correspondent views Tesla's shares price as being in a bubble but he has confidence in the long-term prospects for the electric car industry.