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") .
The moment of truth for troubled property developer China Evergrande has arrived, after Chinese authorities told major lenders not to expect interest payments from the firm this week. On September 23, Evergrande is due to pay US$83.5 million in interest for a dollar-denominated note, in addition to 232 million yuan (US$36 million) for a renminbi note.
20/09/2021 - 8:09am Business and Market Discussion
Alex Wong, Director of Asset Management at Ample Capital thinks that the potential Evergrande default is causing widespread concern among other property developers and there could be a domino effect.
John Schofield, Managing Director at Tempus Investment thinks that the Macau government wants the SAR to divert away from its gaming sector.
20/09/2021 - 8:24am View from mainland China
Chinese technology shares have slumped for the third consecutive day as the regulatory crackdown by Beijing broadens. On the first anniversary of its inception, the Hang Seng Tech Index fell by the most since it was launched one year ago. Hit by waves of selling, nearly half of its members fell by more than 10%. The broader Hang Seng Index fell more than 1,000 points for the second straight day, with turnover hitting a record high.
28/07/2021 - 8:11am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust says that the latest global economic forecast from the IMF shows a major divide between emerging and developed nations, with the difference between vaccination rates determining whether economies have reopened and recovered.
Samuel Faveur, Chief Executive Officer at Mandarin Capital thinks that the crackdown on the education sector in mainland China is alarming for investors, and questions whether fund managers can invest in Chinese stocks amid the policy uncertainty.
RTHK’s International Economics Correspondent, Barry Wood thinks that the meeting between US and China officials in Tianjin went badly as the talks made no progression and tensions between the two nations remain stiff.