EJ Insight

BUSINESS

HK equities: How long will the weakness last?

Eric Lui - Sep 21, 2018 11:22am

The Hang Seng Index hit a record high of 33,484 points on January 29, and then tumbled 20 percent from its peak for the first time on September 7. Technically speaking it has already entered the...
Trump’s currency confusion continues

Jeffrey Frankel - Sep 21, 2018 11:03am

Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. For his part, President...
Be prepared for 20 years of China-US trade war: Jack Ma

Sep 21, 2018 10:03am

Chinese business tycoon Jack Ma, the co-founder of e-commerce giant Alibaba Group, said on Thursday that people should make preparations for 20 years of China-US trade frictions. The economic situation is not good, and that could...
Uber in talks to buy food delivery firm Deliveroo: report

Sep 21, 2018 9:42am

Uber Technologies is in early talks to buy food-delivery company Deliveroo, Bloomberg reports, citing people familiar with the matter. London-based Deliveroo was valued at more than US$2 billion in a financing deal last year. Any offer...
Adobe buys marketing software firm in US$4.75 bln deal

Sep 21, 2018 9:24am

Adobe Systems has agreed to buy Marketo, a California-based marketing software firm, for US$4.75 billion, a move that signals its ambitions for cloud-based digital marketing. Marketo’s business-to-business marketing applications will complement Adobe’s digital marketing business, which...
Cryptocurrency market set to bounce back: Michael Novogratz

Sep 21, 2018 9:09am

The cryptocurrency market has hit the bottom, setting the stage for a bounce-back of units like the bitcoin, according to Michael Novogratz, founder of cryptocurrency asset management firm Galaxy Digital Capital Management. Bitcoin witnessed a “classic...
China think-tank debates policy direction

Ko Tin-yau - Sep 20, 2018 4:49pm

Entrepreneurs and academics in China seem to realize that the biggest headwind for the nation’s economy is a deteriorating internal business environment rather than the US-China trade war. At the recent Chinese Economists 50 Forum (CE50)...
After the bitcoin craze, we now have pot stock mania

Ben Kwok - Sep 20, 2018 2:13pm

Forget the crypto counters or China concept stocks like Nio or Pinduoduo. The red-hot names in the US market right now are cannabis plays. Take a look at Tilray, the Canada-based marijuana producer that went public...
Why Alibaba wants to develop its own chips

SC Yeung - Sep 20, 2018 12:02pm

Alibaba chairman Jack Ma last week signaled that the group is about to enter the next stage of its development when he announced that he is stepping down as chairman next year and passing the mantle of...
What do HK equity investors worry about most?

Hao Chenglin - Sep 20, 2018 11:51am

The Hang Seng Index has already tumbled over 6,000 points from its peak this year. Investors might have had their hopes too high and are now coming to terms with reality. So what are the worst...

More >

WORLD

Will AI replace fund managers?

Ko Tin-yau - Sep 21, 2018 4:55pm

There has been chatter that Ping An Insurance (02318.HK), one of China’s leading insurance groups, is shutting down an asset management unit and switching to passive investment management using artificial intelligence (AI). “It will only leave three positions...
Tourist spat turns into diplomatic row between China and Sweden

HKEJ Editorial - Sep 21, 2018 11:11am

Recently, a minor argument over check-in time between a visiting Chinese family and the staff of a hostel in Stockholm has escalated into a diplomatic spat between China and Sweden. According to a mainland newspaper, a...
AI will diversify human thinking, not replace it

Vinod Kumar - Sep 21, 2018 10:04am

Artificial Intelligence (AI) is evolving rapidly, changing the way that humans interact with the world. The idea of a dystopian future in which humanoid robots take over human jobs as seen in the hit TV series...
US sanctions Chinese military over Russian arms purchases

Sep 21, 2018 8:45am

The United States on Thursday imposed sanctions on the Chinese military for buying fighter jets and missile systems from Russia, saying the purchases represent breach of a US sanctions law against Moscow. The State Department said...
Mixed immersive reality puts weather into perspective

Peter Sabine - Sep 20, 2018 10:55am

Mangkhut may have been the strongest typhoon in Hong Kong in recent memory, but locals had to rely on pretty much the same resources as in the past for their weather information. Sure, there are a few new...

More >

Hong Kong

How not to respond to a typhoon

When natural disasters descend some leaders magnificently rise to the occasion but others visibly shrink. Lamentably Hong Kong’s Chief Executive Carrie Lam belongs to the class of shrinkers. The problem with disasters is that...
Warning sounded on beach waters as Mangkhut hits sewage works

Hong Kong authorities warned of water contamination risks at some beaches, particularly those in the Sai Kung area, due to potential leakage from typhoon-damaged sewage treatment facilities. The Drainage Services Department (DSD) and the Environmental...
Man arrested after pedestrians hurt by fluid from Tai Po flat

Police arrested a 68-year-old man for allegedly allowing corrosive fluid he used to clean an air-conditioner pipe to drip on a busy street in Tai Po. The incident took place at around 3:33 p.m....
Ousted lawmaker Lau Siu-lai says she will run in by-election

Former pro-democracy lawmaker Lau Siu-lai announced that she has decided to run in the Legislative Council by-election scheduled for Nov. 25, aiming to reclaim the seat she lost after she was disqualified, the Hong Kong...
Mangkhut a wake-up call on rising threat of climate change

Super Typhoon Mangkhut, which has caused extensive damage to the city, should serve as a wake-up call for the people of Hong Kong who are now facing a grave and imminent challenge posed by the...