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Business and Market Discussion / View from mainland China

2022-09-26

Business and Market Discussion / View from mainland China

2022-09-26
 Hong Kong will from today scrap its stringent hotel quarantine measures for incoming travellers which have been in place for two and a half years. Instead of the current "three plus four" arrangement, where travellers have to quarantine in a designated hotel for three days and spend another four days monitoring their health, arrivals will be given an amber health code for three days, barring them from places like restaurants, bars and gyms but they will be allowed to go to work and attend school, as well as visit places where vaccine pass checks are not mandatory. It is the most substantial move the SAR has taken to date to end its pandemic isolation, and Mr. Lee signalled more easing is likely as the city tries to repair its status as a global financial centre. 


Global stocks have sold off for a second straight week after a swathe of central banks raised interest rates last week with 10 out of 15 central banks that met increasing rates from between 25bps to as much as 100bps. The FTSE All-World index of global stocks fell 2.1% on Friday, bringing its loss over the week to 5%, the worst since June. 


On today’s Money Talk, we’re joined by Alex Wong of Alex KY Wong Asset Management and Sean Darby at Jefferies Hong Kong. With a view from Mainland China is Brock Silvers from Kaiyuan Capital. 

Money Talk

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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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