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") .
Crypto-trading platform Coinbase closed its first day of trading on the NASDAQ at $328 compared to a reference price of $250, valuing the cryptocurrency exchange at $86bn. Founded in 2012, the direct listing propels Coinbase into one of the top 100 most valuable companies in the US. The company, which makes money primarily by charging transaction fees, has benefited from the surge in demand for Bitcoin and Ethereuem. Coinbase had more than 56 million users across more than 100 countries, holds $223bn in users' assets and reported estimated revenue of $1.8bn in the first three months of 2021, more than its total for all of 2020.
15/04/2021 - 8:09am Business and Market Discussion
Personal Wealth Adviser Enzio Von Pfeil suggests that the education gap between the rich and poor is contributing to the unemployment rate in the US.
Nitin Dialdas, Chief Investment Officer at Mandarin Capital thinks that inoculation rates in Hong Kong would increase if the SAR government introduces more incentives for traveling abroad.
15/04/2021 - 8:24am View from Taiwan
China’s top banking regulator has warned of the risk of bubbles in international markets. Guo Shuqing, chairman of the country’s banking and insurance regulatory commission, said yesterday that financial markets in Europe and the US are out of sync with their economies and fuelled by monetary and fiscal policy.
03/03/2021 - 8:08am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust thinks that the property sector in Mainland China has been in a bubble for years but the pace of home price rises is decelerating..
Andrew Freris, Founder and CEO of Ecognosis Advisory believes that the increase in stamp duty on stock transfers is a neutral tax and will not affect the attractiveness of Hong Kong as an international financial hub.
RTHK’s International Economics Correspondent Barry Wood suggests that the "GameStop" fiasco shows that US stock markets need stricter regulations.