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") .
The China Banking and Insurance Regulatory Commission said yesterday that the Evergrande crisis will not hurt the credit of Chinese companies, citing China’s stable growth. But, it added, China will not stimulate the property market to shore up short-term economic growth.
22/10/2021 - 8:09am Business and Market Discussion
David Roche, President and Global Strategist at Independent Strategy, commenting on Beijing’s internet watchdog banning articles by Caixin from being republished by online news services, says that mainland China wants to control the narrative in its media, news and data, as part of its 'common prosperity' reforms.
Mark Michelson, Chairman of the Asia CEO Forum at IMA Asia reports that his members are seeing supply chain disruptions in the SAR ahead of the upcoming Christmas season.
22/10/2021 - 8:25am View from India
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