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 Financial Times is reporting that China is planning to break up Ant's Alipay and force it to create a separate app for its highly profitable loans business, in the most dramatic restructuring proposed to date of Jack Ma’s Ant Group. The plan will also see Ant turn over the user data that underpins its lending decisions to a new credit scoring joint venture which will be partly state-owned, according to the FT.
14/09/2021 - 8:09am Business and Market Discussion
Tariq Dennison, Portfolio Manager at GFM Asset Management thinks that mainland Chinese authorities are trying to balance control of private technology companies and protections for the consumer.
James Wong, Chief Investment Officer (Overseas) at Lead Securities suggests that solar energy and new energy vehicles will be the leading themes in the mainland China stock market over the next two years.
14/09/2021 - 8:24am View from Japan