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") .
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
The selloff in bonds last week blew up global stocks on Friday. In the US, the NASDAQ Composite Index had its worst week since October despite rebounding on Friday. It ended the session 0.6% firmer following a 3.5% slump on Thursday. But for the week it was down almost 5%. In Hong Kong, the Hang Seng Index tumbled 1,094 points, or 3.6%, the most in nine months. Leading Friday's losses were technology shares with the Hang Seng Tech Index sinking 5.7%.
01/03/2021 - 8:09am Business and Market Discussion
Alex Wong, Director of Asset Management at Ample Capital thinks that the bond market is a "high-risk, low return" sector and might take years for it to recover due to inflation in the economy.
Iris Pang, Greater China Economist at ING Wholesale Banking believes that a full global recovery is still a few years away and the economy is still quite fragile due to the recent recession.
01/03/2021 - 8:24am View from Mainland China