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
The European Central Bank has left interest rates on hold at minus 0.5% and its €1.85tn emergency bond-buying programme unchanged in its first meeting since agreeing on a new monetary policy strategy earlier this month. The ECB set a new symmetric 2% inflation target as part of its first review of its strategy since 2003. But governing council members yesterday were divided on the implementation of the strategy with some saying its commitment to tolerate a moderate and transitory overshoot of its price growth target, increased the risk of inflation surging above its target.
23/07/2021 - 8:10am Business and Market Discussion
John Schofield, Managing Director of Tempus Investment notes that the underperformance in the Hong Kong stock market is due to the crackdown on technology companies in mainland China, and uncertainty over US-China relations.
Patrick Bennett, Macro Strategist at CIBC World Markets notes that there are large amounts of liquidity pouring into the global markets and he thinks that interest rates will remain low for some time.
23/07/2021 - 8:24am View from Australia