Peter Lewis Media Talk

07/05/2024

Thanks BFM Malaysia for a nice discussion about what has been driving Hong Kong stocks higher.
Here's the link;

Hong Kong's Hang Seng Index has been rallying and so far it has chalked up a tenth successive sessio

21/12/2023

I appeared on BFM Malaysia's 'Morning Run' radio show earlier this week to discuss the outlook for Hong Kong and mainland markets.

Here's a link to the interview.

Asia Pacific economies are hoping for a China recovery in 2024 but they do not see a clear roadmap t

04/07/2023

Wednesday 5 July 2023

14/06/2023

I'll be moderating the panel at the Greenwich Economic Forum on the evolution of China's asset management and wealth management industry on Friday afternoon. Do come and listen and say hi afterwards.

Greenwich Economic Forum | 3,136 followers on LinkedIn. A thought leadership forum for the global investors. Greenwich | Miami | Hong Kong | The Greenwich Economic Forum is a geo-economics conference which we define as the interplay between geopolitics, economics, and investments. Founded in 2018, G...

08/06/2023

PETER LEWIS' MONEY TALK - Thursday 8 June 2023

On Thursday's Money Talk we discuss

- Chinese exports slumped more than expected in May
- China cuts rates on US$ deposits
- Outlook for the global economy
- Whether China's weakness is exporting disinflationary trends around the world
- The latest on the crypto crackdown
- Outlook for Chinese stocks
- Outlook for the oil market

with Andrew Freris, the CEO of Ecognosis Advisory, Andrew Sullivan, Founder of Asian Market Sense and talking about the oil markets, Vandana Hari, Founder of Vanda Insights.

The podcast is also available on Apple Podcasts, Google Podcasts and Spotify.

Spotify
https://open.spotify.com/show/7Lhinpp9qyGshENd0vCAnw

Google Podcasts
https://podcasts.google.com/feed/aHR0cHM6Ly9hcGkuc3Vic3RhY2suY29tL2ZlZWQvcG9kY2FzdC8xNDI3NDAxLnJzcw

Apple Podcast
https://podcasts.apple.com/us/podcast/peter-lewis-money-talk/id1677731892

Listen now (46 min) | • Chinese exports slumped 7.5% in May, far more than expected • Bank of Canada unexpectedly raises interest rates • OECD raises annual growth outlook

07/06/2023

PETER’S BUSINESS & FINANCE BRIEFING - Thursday 8 June 2023, 06:00 Hong Kong

Quick Summary - 4 Things To Know Before Asian Markets Open

1. The Canadian central bank has resumed interest rate increases after pausing in January. The Bank of Canada unexpectedly raised the target for its overnight rate by 25bps to 4.75%, after pausing the tightening campaign in the previous two meetings. Markets were anticipating interest rates would be left on hold. Borrowing costs in Canada are now at the highest level in 22 years.

2. The OECD has forecast that global economic growth will slow from 3.3% in 2022 to 2.7% this year, before picking up to 2.9% in 2024. Growth this year is up slightly from its previous projection of 2.6%. However, when not including the pandemic-hit year of 2020, this would still be the lowest yearly rate since the 2008-2009 financial crisis.

3. Chinese exports slumped more than expected in May. Exports from China shrank 7.5% from a year earlier to a three-month low of US$283.5 billion in May, reversing from 8.5% growth in April. Economists had expected a 0.4% drop. It marks the first decline in exports since February and the steepest decline in four months.

4. The Australian economy grew at its slowest pace since the third quarter of 2021 in the first three months of this year, held back by sustained high inflation and a consumer spending crunch. GDP expanded 0.2% q/q in Q1 of 2023, below market forecasts of a 0.3% increase, and after an upwardly revised 0.6% rise in Q4.

On Thursday’s “Money Talk” podcast, I’ll be joined by Andrew Freris, the CEO of Ecognosis Advisory and Andrew Sullivan, Founder of Asian Market Sense. To talk about the oil markets, I’ll be joined by Vandana Hari, Founder of Vanda Insights.

The podcast is also available on Apple Podcasts, Google Podcasts and Spotify.

Spotify
https://open.spotify.com/show/7Lhinpp9qyGshENd0vCAnw

Google Podcasts
https://podcasts.google.com/feed/aHR0cHM6Ly9hcGkuc3Vic3RhY2suY29tL2ZlZWQvcG9kY2FzdC8xNDI3NDAxLnJzcw

Apple Podcast
https://podcasts.apple.com/us/podcast/peter-lewis-money-talk/id1677731892

• Chinese exports slumped 7.5% in May, far more than expected • Bank of Canada unexpectedly raises interest rates • OECD raises annual growth outlook

07/06/2023

I was on BFM Malaysia's Morning Call yesterday talking about why Hong Kong and Mainland China equities were underperforming.
https://www.bfm.my/podcast/morning-run/market-watch/hongkong-china-bear-markets-2023-dissapointment

31/05/2023

I spoke with Professor Alex Alex Preda from King's Business School in London about how how my career developed from being an equity trader in large global investment banks to a broadcaster.

In this episode of Connections, Professor of Professions, Markets and Technology, Alex Preda is joined by former trader, Peter Lewis who presented Money Talk on Hong Kong’s English language show, RTHK

12/05/2023

Friday's Money Talk podcast is a great 40 minute listen
Today we discuss

- China's surprisingly low inflation
- America's much higher but slowing inflation
- Donald Trump's call for a US debt default
- Who's winning the AI race
- The winners and losers in Australia's budget
- India's state elections in Karnataka
- India's imports of Russian crude oil

With Francis Lun, the CEO of GEO Securities, William Ma, Chief Investment Officer at GROW Investment Group and Toby Lawson, Director at Statton Advice., Australia.

You can listen to the podcast on your smartphone by clicking one of the links below.

Spotify
https://open.spotify.com/show/7Lhinpp9qyGshENd0vCAnw

Google Podcasts
https://podcasts.google.com/feed/aHR0cHM6Ly9hcGkuc3Vic3RhY2suY29tL2ZlZWQvcG9kY2FzdC8xNDI3NDAxLnJzcw

Apple iTunes
https://podcasts.apple.com/us/podcast/peter-lewis-money-talk/id1677731892

Or Substack

Listen now (41 min) | China’s consumer prices increase at their slowest rate in two years | Bank of England raises interest rates to highest level since 2008 | Philippines’ first quarter GDP grew 6.4% year-on-year

11/05/2023

PETER’S BUSINESS & FINANCE BRIEFING - Friday 12 May 2023, 06:00 Hong Kong

Quick Summary - 4 Things To Know Before Asian Markets Open
1. China’s consumer prices increased at their slowest rate in two years in April, the National Bureau of Statistics reported Thursday. China's annual inflation rate fell to 0.1% y/y from 0.7% in March, missing market estimates of 0.4%. This was the lowest print since February 2021 reflecting soft domestic demand as the economy recovers from Covid-19 controls., with prices of both food and non-food easing further. The producer price index fell for a seventh consecutive month, losing 3.6%, faster than a 2.5% drop in March, partly due to softening commodity prices.

2. The Bank of England has increased interest rates by 25 bps to 4.5%, the highest level since 2008, and said further rate hikes may be needed. That’s the 12th consecutive rate rise from the UK central bank and it warned that if there were to be evidence of more persistent pressures, then further tightening in monetary policy would be required. UK consumer price inflation eased to 10.1% in March. The core inflation rate, which excludes volatile items such as energy and food, was unchanged at 6.2% in March, not far from September's record of 6.5%.

3. Wholesale monthly inflation in the US rose by less than expected in April. The producer price index (PPI), often viewed as a proxy for where inflation is heading in several months’ time, eased for a 10th straight month to 2.3% in April, from 2.7% in March, the lowest since January 2021, and below forecasts of 2.4%. Excluding volatile food and energy prices, core PPI rose a monthly 0.2% while its increase over the past 12 months moderated to 3.2%. The slowdown in the PPI suggests the Federal Reserve’s rate rises are bringing price pressures under control.

4. Philippines’ first quarter GDP grew 6.4% year-on-year, higher than the 6.1% expected by economists, after a downwardly revised 7.1% gain in Q4 of 2022. This was the eighth straight quarter of expansion in the economy but the lowest growth in the sequence. The industrial sector slowed to 3.9% from 4.6%. The services sector grew at a slower pace of 8.4%, down from 9.8% in the prior quarter.

On Friday’s “Money Talk” podcast, I’ll be joined by Francis Lun, the CEO of GEO Securities, and William Ma, Chief Investment Officer at GROW Investment Group. With a view from Australia, is Toby Lawson, Director at Statton Advice.

You can listen to the podcast by clicking one of the links below.

Spotify
https://open.spotify.com/show/7Lhinpp9qyGshENd0vCAnw

Google Podcasts
https://podcasts.google.com/feed/aHR0cHM6Ly9hcGkuc3Vic3RhY2suY29tL2ZlZWQvcG9kY2FzdC8xNDI3NDAxLnJzcw

Apple iTunes
https://podcasts.apple.com/us/podcast/peter-lewis-money-talk/id1677731892

• China’s consumer prices increase at their slowest rate in two years • Bank of England raises interest rates to highest level since 2008 • Philippines’ first quarter GDP grew 6.4% year-on-year

11/05/2023

PETER'S LUNCHTIME UPDATE - Thursday 11 May 2023, 14:00 Hong Kong

• China’s consumer prices increase at their slowest rate in two years
• Donald Trump calls for US debt default unless “massive” spending cuts
• Philippines’ first quarter GDP grew 6.4% year-on-year

On Friday’s “Money Talk” podcast, I’ll be joined by Francis Lun, the CEO of GEO Securities, and William Ma, Chief Investment Officer at GROW Investment Group. With a view from Australia, is Toby Lawson, Director at Statton Advice.

The podcast is also available on iTunes, Google and Spotify

Spotify
https://open.spotify.com/show/7Lhinpp9qyGshENd0vCAnw

Google Podcasts
https://podcasts.google.com/feed/aHR0cHM6Ly9hcGkuc3Vic3RhY2suY29tL2ZlZWQvcG9kY2FzdC8xNDI3NDAxLnJzcw

Apple iTunes
https://podcasts.apple.com/us/podcast/peter-lewis-money-talk/id1677731892

China’s consumer prices increase at their slowest rate in two years Donald Trump calls for US debt default unless “massive” spending cuts Philippines’ first quarter GDP grew 6.4% year-on-year

11/05/2023

I was interviewed yesterday by Taiwan Plus for their news bulletin talking about the significance of the raid by Chinese authorities on consultancy firm Capvision. You can watch here.

“Chinese state security officers have raided the offices of an international advisory firm. It’s part of a wider crackdown on the consulting industry that has foreign businesses worried.”

22/04/2023

Every Friday, at 14:30 HK time, you can hear me speak about Asia's top business stories on the Heather du Plessis-Allan Drive show on Newstalk ZB, New Zealand's premier news and information radio station. I am the show's Asia Business Correspondent.

To listen from overseas you have two options: Option 1: Listen using this player: (Note this will only be visible when outside of NZ) Browser

13/04/2023

PETER’S BUSINESS & FINANCE BRIEFING - Friday 14 April 2023, 06:00 Hong Kong

Quick Summary - 4 Things to Know Before Asian Markets Open

1. China logged a better-than-expected trade surplus in March. Exports from China unexpectedly surged 14.8% from a year earlier to an eight-month high of US$315.6 billion in March, rebounding sharply from a 6.8% drop in January-February combined, and missing market consensus of a 7% fall. This was the first increase in exports since last October and the strongest pace in eight months.

2. Brazil’s president Luiz Inácio Lula da Silva has called on developing countries to work towards replacing the US dollar with their own currencies in international trade. Mr. Lula, who is on a state visit to China, yesterday lent his voice to Beijing’s efforts to boost renminbi’s role in global commerce, ahead of a meeting with President Xi Jinping later today in Beijing.

3. Industrial production in the eurozone rose by 1.5% from a month earlier in February, a second consecutive month of increase and above market expectations of 1.0% growth. It was the fastest increase in factory output for six months in the latest sign that the bloc’s economy made a more resilient start to the year than expected.

4. Producer prices in the US fell 0.5% month-on-month in March of 2023, the biggest decline since April of 2020, compared to forecasts of a flat reading. It takes the annual increase to 2.7% compared with a 4.9% rise in February, the labour department said on Thursday. That was the lowest annual gain since January 2021 and was lower than economists’ forecast for an increase of 3%.

On Friday’s “Peter Lewis’ Money Talk” podcast (available on Substack, iTunes, Google Podcasts and Spotify), I’ll be joined by Francis Lun, the CEO of GEO Securities, and Kenny Wen, Head of Investment Strategy at KGI Asia. With a view from Australia is Toby Lawson, Director at Statton Advice.

• China exports unexpectedly rebound • Brazil’s Lula calls for an end to dollar trade dominance • US producer prices fall to lowest level since January 2021

13/04/2023

LUNCHTIME UPDATE - Thursday 13 April 2023, 14:00 Hong Kong

• China exports unexpectedly rebound
• Philippines Central Bank signals pause in interest rate hikes
• SoftBank to sell the majority of its stake in Alibaba

On Friday’s “Peter Lewis’ Money Talk” podcast (available on Substack, iTunes, Google Podcasts and Spotify), I’ll be joined by Francis Lun, the CEO of GEO Securities, and Kenny Wen, Head of Investment Strategy at KGI Asia. With a view from Australia is Toby Lawson, Director at Statton Advice.

• China exports unexpectedly rebound • Philippines Central Bank signals pause in interest rate hikes • SoftBank to sell the majority of its stake in Alibaba

12/04/2023

Listen now (38 min) | IMF forecasts long term global growth to hit lowest since | 1990 Consumer price inflation in China cools in March | Alibaba to roll out ChatGPT rival

11/04/2023

PETER’S BUSINESS & FINANCE BRIEFING - Wednesday 12 April 2023, 06:00 Hong Kong

Quick Summary - 4 Things to Know Before Asian Markets Open

1. The International Monetary Fund (IMF) trimmed its forecast for global real GDP growth to 2.8% for 2023 and 3.0% for 2024 on Tuesday at the beginning of its annual spring meeting with the World Bank in Washington D.C. Both the 2023 and 2024 forecasts were marked down by 0.1 percentage point from estimates issued in January, partly due to weaker performances in some larger economies. It represents a sharp slowdown from 3.4% growth in 2022 due to tighter monetary policy.

2. Interest rates in major economies are expected to fall to pre-pandemic levels because of low productivity and ageing populations, according to another forecast by the IMF. It says the current increases in borrowing costs are likely to be "temporary" once high inflation is brought under control. The Washington-based financial institution said ageing populations would be one factor likely to lower inflation. The IMF also said low productivity, the measure of how many goods and services are produced, would bring inflation down.

3. Consumer prices in China were softer than expected last month and deflation in factory-gate prices matched estimates, opening the door for further stimulus from policymakers. The consumer price index rose 0.7% last month from a year earlier, the National Bureau of Statistics said Tuesday, down from 1% in February and below economists’ expectations for it to remain unchanged at 1%. This was the lowest figure since September 2021, as the cost of both food and non-food eased further.

4. China’s powerful internet regulator, the Cyberspace Administration of China, has proposed new checks on artificial intelligence chatbots in an effort to control how its tech industry rolls out generative AI models. The new proposals said providers would have to submit their products for security reviews before their public release and it would set up a database to register them. The new rules, released just hours after Alibaba and SenseTime unveiled new ChatGPT-like bots, said “content generated by generative artificial intelligence should embody core socialist values and must not contain any content that subverts state power, advocates the overthrow of the socialist system, incites splitting the country or undermines national unity.”

On Wednesday’s “Peter Lewis’ Money Talk” podcast (available on Substack, iTunes, Google Podcasts and Spotify), I’ll be joined by Personal Wealth Advisor, Enzio von Pfeil, and Richard Harris, Chief Executive Officer at Port Shelter Investment Management. With a view from Japan is John Beirne, Vice-chair of Research, at the Asian Development Bank Institute.

• IMF forecasts long term global growth to hit lowest since 1990 • Consumer price inflation in China cools in March • Alibaba to roll out ChatGPT rival

10/04/2023

3 hours of good music old and new. Join me now on RTHK Radio 3 until 9pm for an Easter Monday special.

19/03/2023

My new 'Money Talk' podcast will be available from Monday 20 March and each weekday morning from thereon around 8:30 am Hong Kong time. It contains all you need to know about the latest business and finance news in Asia and features daily discussions with some of Asia's top fund managers, analysts and economists.

Joining me on Monday's programme to discuss the latest headlines as markets open around the region are Alex Wong, Director at Alex KY Wong Asset Management, and Nitin Dialdas, Chief Investment Officer at Mandarin Capital. With a view from mainland China is Brock Silvers, CIO at Kaiyuan Capital.

You can listen to "Peter Lewis' Money Talk" by clicking the link below. There is plenty of additional business and finance information along with important economic releases in the daily updates on my blog. The podcast is also available on iTunes and Spotify.
It's just a 30 minute listen.

I talk about business, finance, economic, trade and political issues as the Asian financial markets open with a particular focus on Greater China (Hong Kong, mainland China & Taiwan). Click to read Peter Lewis' Money Talk, a Substack publication with hundreds of readers.

13/03/2023

LUNCHTIME UPDATE - Monday 13 March 2023, 14:00 Hong Kong

• US regulators announce plan to fully repay SVB depositors
• President Xi stresses security & tech self-reliance
• China’s new premier downplays GDP target

More details here

I talk about business, finance, economic, trade and political issues as the Asian financial markets open with a particular focus on Greater China (Hong Kong, mainland China & Taiwan). Click to read Peter Lewis' Money Talk, a Substack publication with hundreds of readers.

24/02/2023

THANK YOU
Today was my final Money Talk on RTHK Radio 3. It’s been an absolute pleasure and privilege to have had the opportunity to bring you Money Talk each weekday morning for the past eight years and I am so grateful to you for tuning in. I hope we’ve been able to bring you an appreciation of business, economic and financial issues that affect Asia Pacific, and especially Hong Kong and mainland China, in an educational, informative, and entertaining way.

Thank you also for all your kind emails, texts, tweets and posts on social media over the past two weeks since I announced I was leaving. I can’t possibly reply to you all, but I feel humbled that so many of you have appreciated and enjoyed the show.

It’s now on to new challenges. I shall still be very active in Hong Kong in the media and on social media commentating about business, finance, economic, and political issues from this vibrant and fascinating region. I shall be launching a new business and finance podcast in March and my daily briefing notes are already up and running. You can find them by clicking the link below and entering your email address to subscribe for free.

In the meantime, Money Talk is not going away. The programme will be back on Monday on Radio 3 with all the latest business and finance news. From next week, the show will be extended to 1 hour, from 8:30 to 9:30 each weekday morning. And there’ll be a different presenter each day of the week, starting with James Ross on Monday. Please be as nice to him as you have been to me over the past eight years.
All the best and see you soon.
Peter Lewis

I talk about business, finance, economic, trade and political issues as the Asian financial markets open with a particular focus on Greater China (Hong Kong, mainland China & Taiwan). Click to read Peter Lewis' Money Talk, a Substack publication with hundreds of readers.

01/12/2022

It’s that time of year again where ‘Money Talk’ is doing its best to raise money for Operation Santa Claus, which is an annual charity campaign jointly run by the South China Morning Post and RTHK Radio 3, with the aim of making a difference to our community. 2022 is our 35th anniversary and since 1988, we have raised more than HK$353 million for 323 charities. This year, we are supporting 15 charities, ranging from those with physical and mental disabilities, aid for youth and children, and some for the environment.

In our effort to support these marvellous charities helping communities in need, we launched this morning during Money Talk our annual 24-hour online charity auction with lots of fabulous items donated by local companies and organisations. The auction is open now and will close at 8:25 a.m. on Friday 2 December. Just click the link below and you can see the items on offer and register to bid. And even if you don’t want to bid for an item, please click the ‘Donate to Operation Santa Claus’ link and make a donation. Every amount, goes to a worthy cause.

Click here
https://hk.givergy.com/OperationSantaClaus2022/?controller=home

Please pass this message on to friends, family and work colleagues.

Bid on exclusive money can't buy items & experiences with Operation Santa Claus. Enter into one of our charity auctions, prize draws or buy exclusive

24/11/2022

It's that time of year again. The Radio 3 Operation Santa Claus HK Charity Auction is NEXT WEEK!

During my RTHK Radio 3 business programme, Money Talk, next Thursday, we shall launch Radio 3’s Operation Santa Claus annual charity auction 2022. With all sorts of amazing lots that you can eat, drink, admire, and experience, by taking part you’ll be having fun while raising money for the 15 charities that are the deserving beneficiaries of this year’s 35th anniversary Operation Santa Claus campaign, who are all helping the needy of Hong Kong. Once again we’re doing it all online. We have some fabulous items for sale, or if you don't want to bid for any items, you can just make a simple donation online instead.

The auction site will be open for bidding from Thursday 1 December 2022 at 8:25am to Friday 2 December 2022 at 8:25am only, but you are welcome to take a look right now at what's available, and register in advance to bid (and to get alerts when someone else places a bid for a higher amount). We'll also be adding further items in the run-up to the launch, so keep looking.
The amount raised will be announced on air, during my Money Talk show on Friday 2 December, but for now please have a look to register or donate. Please forward this post to your friends and colleagues and invite them to participate too.

CLICK the link below to visit the auction page. We'd LOVE to get some small donations in the next week before the live auction. Every little counts.

Bid on exclusive money can't buy items & experiences with Operation Santa Claus. Enter into one of our charity auctions, prize draws or buy exclusive

03/10/2022

A holiday on a Tuesday is not the best arrangement but we're going to make the most of it. Join me on Radio 3 from 6 to 10 a.m. for some cracking choons and chat. If you're missing Money Talk already, we have a special Money Talk holiday quiz after 8. Requests, messages, and dedication most welcome. Post them here or tweet me .

03/10/2022

There's no Money Talk on Tuesday but I'll still be with you on Radio 3 for the Chung Yeung Festival holiday, also known as the Double Ninth. I've got four hours of chat, fun, guests and music from 6 a.m. to10 a.m. In case you’re missing your daily dose of financial news, I have a special just-for-fun business quiz to test your knowledge about some of the business and finance headlines from the past month. After 9 a.m., I'll be joined by Sam Luck, Associate Director at Odyssey Asset Management, to talk about travel to Japan. Now that Hong Kong is on 0+3 and the yen is at a 24-year low against the US dollar, it’s never been cheaper or easier to travel to Japan. Plus there's plenty of music new and old, including some forgotten gems and classic album tracks, from every decade from the 1960s to the 2020s.

As always, you can join in with any requests, messages and dedications by texting 63 93 59 25, emailing [email protected] or posting right here on Facebook.

11/09/2022

Feeling warm and cuddly this morning and ready for a holiday special on Radio 3. Join me from 6 to 10 a.m. and please post some messages, requests or dedications here.

09/09/2022

For the mid-autumn festival, the second biggest Chinese holiday in the calendar, I'll be live on Radio 3 on Monday for four hours of chat, fun, guests, and music from 6-10am. In case you’re missing your daily dose of financial news, I have a special just-for-fun business quiz. After 8.30, I'll be joined by Lawrence Lu, Executive Director of Civic Exchange, to talk about his policy recommendations for a greener Hong Kong. After 9, Hong Kong/Japanese artist, Mizuki Nishiyama, pops into the studio to talk about her new art exhibition, ‘The Beautiful and the Grotesque.’ In between, I have plenty of music new and old, including some forgotten gems and classic album tracks, from every decade from the 1960s to the 2020s. As always, you can join in with any requests, messages, and dedications by texting 63 93 59 25, emailing [email protected], or posting right here on Facebook.