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") .
Global equity markets have staged a strong rebound led by banking shares. In Hong Kong the Hang Seng Index was boosted by the biggest jump in shares of HSBC since 2009.
29/09/2020 - 8:09am Business and Market Discussion
Kenny Wen, Wealth Management Strategist at Everbright Sun Hung Kai expects consolidation and heightened volatility in the markets in the months to come.
Le Xia, Head of Research and Chief Economist at Ping An Technology expects the upcoming US Presidential debate to influence markets, but will not have much impact on voters.
29/09/2020 - 8:24am View from Japan
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.