Date
21 May 2019

Finance

  • Tencent reported weaker than expected quarterly results as a result of disappointing advertising revenue, but its outlook looks bright. Photo: Reuters

    Enduring short term pressure to tap long term potential

    - May 20, 2019 10:35am
    As a long-term investor, I don’t take an all-in or all-out approach when it comes to quality stocks. Even if there are dark clouds on the horizon, selling a position in the hope of buying it...
  • Market gauges such as VIX and VXV have confirmed investors’ heightened concerns as the US and China stepped up their tariff war. Photo: Reuters

    Trade war: What lies ahead for the markets and economy?

    - May 17, 2019 10:25am
    Volatility has picked up noticeably in the global stock markets in reaction to the newsflow on the US-China trade war and Donald Trump’s tweets on the issue. Market gauges such as VIX and VXV have confirmed...
  • Barclays is believed to be among the banks that are investing in a venture to create a blockchain-related digital cash system to settle financial transactions. Photo: Reuters

    Banks said to invest US$50 mln in digital cash settlement system

    May 17, 2019 8:53am
    Some of the world’s top banks are investing around US$50 million to create a digital cash system using blockchain technology to settle financial transactions, Reuters reports, citing people familiar with the plans. The previously disclosed project,...
  • In many parts of the world, healthcare expenses, education costs and real estate are climbing faster than the official 2 percent inflation target of most major central banks. Photo:Reuters

    To fight inflation, hunt for income

    - May 16, 2019 5:08pm
    Today’s investors may feel inundated with information on how their portfolios can be derailed – including a steady drumbeat of geopolitical crises. In our view, many of these risks will ebb and flow over time. Besides,...
  • Mindray Medical International, with a 174 billion yuan market cap, should learn its lesson on how to treat shareholders. Photo: Mindray/Facebook

    How not to deal with shareholders

    - May 15, 2019 1:03pm
    Shareholders’ meetings are cheerful occasions where company officials, normally aloof and unapproachable, go out of their way to please investors. They highlight the company’s achievements and sometimes play down less pleasant developments as they smile from...
  • Escalation of the trade war between the US and China might just prove to be short-term noise,  a market watcher argues. Photo: Reuters

    Why investors shouldn’t fret too much about US-China trade war

    - May 15, 2019 10:27am
    The US and China markets have both seen long-awaited corrections following an escalation of the trade war between the world’s two largest economies. Hong Kong stocks, too, faced some rough weather. While pessimists seem to be...
  • The latest US-China trade standoff is serving as an excuse for investors to sell an expensive market, argues an expert. Photo: Reuters

    Trade war: An excuse to sell?

    - May 14, 2019 11:40am
    We have been warning for months about the excessively optimistic expectations on a possible trade agreement between China and the US. The reality is that an agreement was not going to change the trend of the...
  • An across-the-board decline is quite rare and occurred only 103 times in more than 6,000 trading days over the past 20 years. Photo: Reuters

    HK equities outlook mixed after across-the-board decline

    - May 10, 2019 2:28pm
    The Hang Seng Index had been hovering around 30,000 points for most of April, until US President Donald Trump tweeted early morning on Monday that the United States would increase tariffs to 25 percent on US$200...
  • AB InBev’s Asia-Pacific region, whose main markets are China and Australia, last year made up 18 percent of the group's volume and 14 percent of the underlying operating profit. Photo: Reuters

    AB InBev’s Asia unit files for Hong Kong IPO, eyes US$5 billion

    May 10, 2019 12:41pm
    The Asia business of Anheuser-Busch InBev, the world’s largest brewer, filed on Friday a draft prospectus for an initial public offering (IPO), which two sources with knowledge of the matter said could be worth at least...
  • The succession plan of Warren Buffett and his partner Charles Munger has been a concern among Berkshire investors  Photo: Bloomberg

    What Amazon purchase tells us about Buffett’s succession plan

    - May 10, 2019 12:14pm
    Billionaire investor Warren Buffett revealed during Berkshire Hathaway’s latest annual shareholder meeting that the company has been buying Amazon shares. Buffett said he wasn’t the one who pulled the trigger; it’s suspected that either Todd Combs...
  • After having built up a massive user base, tech firms like Google are able to monetize the traffic in its ecosystem. Photo: Reuters

    Recurring income is a nice investment theme

    - May 9, 2019 3:25pm
    Most people stick with the same bank their whole life once they open an account with it. They may use the same bank account to receive their salary, pay the mortgage and settle other bills. Switching...
  • Warren Buffett's Berkshire Hathaway said it had invested US$340 million in various tax equity investment funds,  before learning that federal authorities had alleged “fraudulent income conduct” by the funds’ sponsor. Photo: Reuters

    Berkshire takes US$377 million charge as ‘Ponzi’ victim

    May 9, 2019 8:30am
    Warren Buffett’s Berkshire Hathaway Inc. said a US$377 million charge it incurred recently was tied to a solar generation company that US authorities have linked to fraud, Reuters reports. Berkshire said in its first-quarter report on...
  • Malaysian and US authorities say about US$4.5 billion was allegedly siphoned from 1MDB. Photo: Reuters

    US begins return of US$200 million in 1MDB funds to Malaysia

    May 7, 2019 2:16pm
    The US government has begun returning to Malaysia some US$200 million recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatriated, the two countries said on Tuesday. Malaysian...
  • Warren Buffett admits that Berkshire Hathaway has missed out on several tech companies. He also plans to invest more in China. Photo: Bloomberg

    How Warren Buffett’s investment choice evolves with time

    - May 7, 2019 8:53am
    Apparently, 88-year-old billionaire investor Warren Buffett is still able to keep up with the changing investment space. Buffett revealed at the Berkshire Hathaway’s annual meeting in Omaha over the weekend that the company has been buying...
  • Sequoia China, founded in 2005 by Neil Shen, employs about 150 people at offices in Beijing, Shanghai, Hong Kong and elsewhere in China. Photo: Reuters

    Sequoia China to cut up to 20% of investment staff: report

    May 6, 2019 4:22pm
    Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country’s tech sector saps appetite for...
  • Berkshire Hathaway chairman Warren Buffett and vice chairman Charles Munger are mobbed by media representatives and fans before the company's annual shareholder meeting in Omaha, Nebraska, on Saturday. Photo: Reuters

    The longest, most boring – unproductive? – Warren Buffett show

    - May 6, 2019 12:26pm
    It’s probably the longest talk show on earth – and hosted by the oldest men to lead such an affair.   I am, of course, talking about Berkshire Hathaway’s annual shareholders’ meeting in Omaha, Nebraska, over the weekend.  It...
  • The People’s Bank of China (PBoC) said the funds will be used for loans to small and private companies. Photo: Bloomberg

    China gives modest boost to economy with RRR cut

    May 6, 2019 10:15am
    China’s central bank said on Monday it will cut reserve requirement ratios (RRRs) to release about 280 billion yuan (US$41 billion) for some small and medium-sized banks, in a targeted move to support companies struggling amid...
  • Berkshire Hathaway chairman Warren Buffett walks through an exhibit hall as shareholders gather at the company's annual shareholder meeting in Omaha, Nebraska, on Saturday. Photo: Reuters

    Berkshire swings to big profit, Buffett laments Kraft Heinz

    May 6, 2019 7:30am
    Warren Buffett’s Berkshire Hathaway Inc. said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating results, Reuters reports. Berkshire also said...
  • Market statistics will show that the Hang Seng Index usually outperforms in July. Photo: Bloomberg

    Do seasonal patterns exist in HK equity market?

    - May 3, 2019 3:57pm
    Around this time of the year, financial newspapers in the West usually carry headlines that advise investors to “sell in May and go away”. In Hong Kong, there is a similar popular belief that the stock market...
  • Climate change activists, dressed in red with white face paint, take part in the Extinction Rebellion protest; (inset) a  protester is taken away by police as demonstrators block traffic on Fleet Street in London on Thursday. Photo: Reuters

    Climate activists target financial district in London protests

    Apr 26, 2019 7:29am
    More than 300 environmental activists sowed chaos through London’s financial district, gluing themselves to the stock exchange and blocking roads outside the Bank of England and major banks such as Goldman Sachs, Reuters reports. The Extinction...

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