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Business and Market Discussions

2019-10-16

Business and Market Discussions

2019-10-16
Hong Kong Chief Executive Carrie Lam will deliver her 2019 policy address later today with a focus on measures to address the territory’s housing shortage. The address comes as the latest business survey from the American Chamber of Commerce finds almost half of the respondents are pessimistic about Hong Kong’s long-term future.

Nine of Hong Kong’s biggest banks will meet with the Hong Kong Monetary Authority today to discuss how to help small and medium enterprises survive the economic downturn in the territory.


Overnight the US House of Representatives passed the bipartisan Hong Kong Human Rights and Democracy Act, which would require an annual review of whether the territory is sufficiently autonomous from the mainland to justify continuing its special trading and customs status.

The IMF says the global economy is growing at its slowest pace since the financial crisis and warned of a “precarious” economic situation. The fund said world growth would hit just 3% this year because of trade disputes, Brexit uncertainty and other geopolitical crises.

We’re joined on today’s Money Talk by Stewart Aldcroft of CitiTrust, Alex Frew Mcmillan from Dragonfly Media and RTHK’s International Economics Correspondent, Barry Wood.

Money Talk

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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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