13 December 2019

Cho Yan-chiu

Chief Adviser at the Hong Kong Economic Journal
  • Weighed down by fears of a Grexit, the Hang Seng Index closed 827 points or 3.2 percent lower at 25,236 on Monday, the lowest in three months. Photo: HKEJ

    Why fundamentals are more important than market trends

    - Jul 6, 2015 6:08pm
    As we can now find listed companies from various sectors in Hong Kong, industrial cycles have replaced economic cycles as the main market theme. Investors should focus on specific stocks rather than minding too much the...
  • When the Hong Kong stock and property markets will end their "Goldilocks period" remains unclear. Investors should stay alert and prepare for the winding-up of the trend. Photo: HKEJ

    Timing is everything for any investment

    - Jul 4, 2015 8:00am
    The Hong Kong market has entered a “Goldilocks period”, as I predicted in April. The Hang Seng Index surged more than 20 percent to a high of 28,588 points in late April, from a low of...
  • Investors should take profit from financial, property, resources and shipping counters while the money is good. Photo: CNSA

    Signs global money will flow back to Hong Kong

    - Apr 20, 2015 5:03pm
    China has been easing monetary policy since last year in a bid to offset faltering economic growth amid an anti-corruption campaign. As a result, A shares have been surging since July last year. At the same...
  • New-economy stocks like Tencent Holdings have outperformed property and financial plays since 2009. Photo: HKEJ

    Long new economy, short old economy

    - Apr 17, 2015 3:47pm
    The United States will remain the world’s largest economy in 2023, when its gross domestic product is expected to grow to US$24.8 trillion from US$16.8 trillion this year, according to the latest forecast by the US Department of...
  • In a bull market, investors should always be prepared for the return of the bears. Photo: HKEJ

    Why the bear may return this summer

    - Apr 16, 2015 6:02pm
    China’s exports dropped by 14 percent in March from a year earlier, while imports fell 12.3 percent. That indicates China’s economic growth is decelerating. Central bank governor Zhou Xiaochuan has hinted at further monetary easing measures...
  • Chinese iron ore miners may see lower profitability this year due to low commodity prices. Photo: Bloomberg

    A shares facing rising risk of sudden market slump

    - Jan 5, 2015 4:44pm
    The Shanghai Composite Index soared more than 50 percent in 2014, making it a star performer worldwide. The A-share boom looks set to extend into the new year, but nobody knows when the bubble may burst....
  • China's younger generation is increasingly opting for online shopping, providing a new growth engine for the economy. Photo: Xinhua

    China economy to rely more on e-shoppers, not homebuyers

    - Jan 2, 2015 5:38pm
    China’s e-shoppers will take over homebuyers as the main engine of economic growth in the years ahead. The nation has transformed its economy from an agricultural backwater into an industrial power within three decades after the government kicked...