Hong Kong Economic Journal

From our analyst Ricky Wan 尹德政 : 當「沽神」及「虛幣支持者」齊齊加入特朗普政府（如果當選的話），金融模式將出現新玩法？ What could happen if John Paulson and Elon Musk were to enter the inner circle of power alongside Trump? There are rumors that renowned short-seller John Paulson may be appointed as Treasury Secretary under Donald Trump, with potential plans to collaborate with Elon Musk to cut federal spending and green energy subsidies. In light of this news, many instinctively checked Paulson's latest 13F filing, which revealed that, aside from biotech stocks, his entire portfolio is heavily invested in gold mining companies. This raises critical questions: Musk, an advocate for cryptocurrencies, and Paulson, a gold enthusiast—what could happen if they were to enter the inner circle of power alongside Trump? The United States, already the largest holder of gold globally, could witness a significant shift in financial strategies under their influence. Musk, known for his revolutionary and innovative spirit, may introduce new financial concepts that merge traditional assets with digital currencies. However, history shows that Trump is known for making quick staffing changes. During his first term, he fired various officials, suggesting that any appointee, including a potential Treasury Secretary, could be replaced within months if the administration's focus shifts. #信報 #US #Election #DonaldTrump #JohnPaulson #ElonMusk #Finance #Economy #Market

【宏利全球財管部門裁數百人】 Manulife's Wealth and Asset Management Unit Cuts 225 jobs 據報總部位於加拿大的宏利金融（00945）裁減其全球財富和資產管理業務部門數百名員工，約佔該部門員工總數2.5%。《多倫多星報》早前報道，該公司將裁減225個工作崗位。 宏利投資管理回應表示，此舉是為了善用其全球營運模式，以及專注高增長的優先項目。公司會繼續投資於具戰略性的機會，受影響人手僅屬少數，約佔其全球財富及管理業務人手的2.5%。 Manulife Financial Corp. has cut hundreds of jobs in its global wealth and asset management division, representing about 2.5% of the department's workforce. According to the Toronto Star, the company will eliminate 225 positions. In an email shared with Manulife employees, division head Paul Lorentz described the job cuts as part of “organizational changes” aligned with the company’s focus on “strategic priorities” and its efforts to “deliver long-term sustainable growth” for clients and shareholders. 網站全文：https://lnkd.in/g-RK9wdN ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ #信報 #即時新聞 #Finance #Manulife #GlobalWealth #AssetManagement

【中國經濟「日本化」較日本更甚】 你同意嗎？ //筆者曾指中國的情況較日本更加惡劣，兩國同樣面對人口老化問題，至少日本富起來後，人口才老化。中國則老化速度快於致富，加上房屋空置問題，民眾部分積蓄蒸發了，難怪中國政府致力刺激經濟。不幸地，中國經濟早已過度刺激，債務愈滾愈大，現在再推刺激經濟措施，猶如處方威士忌治療酗酒者。// 網站全文：https://lnkd.in/gS8UJAcN ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ 作者 John Mauldin 為著名投資分析專家，其《前沿思考》（Thoughts from the Frontline）是目前全球發布範圍最廣的投資通訊，擁有過百萬讀者。《信報》為大中華區唯一刊載John Mauldin投資通訊的中文媒體，內容由《信報》翻譯。 #信報 #China #Japan #population #Finance #Economy #Market

《信報財經新聞》第五年舉辦的「ESG論壇」以「肩負社會責任 驅動企業發展」為主題，今年本報更邀請了香港大學賽馬會環球企業可持續發展研究所擔任合辦機構，邀請政商賢達共同探討如何部署ESG轉型及把握機遇。詳情請按：https://lnkd.in/gg9a9ZRW

香港人口老化，造就樂齡科技迅速發展。於第二屆《城市創科大挑戰》中榮獲「幫人有計」大學/大專院校組創新獎的兩個優勝方案—一站式智能長者安全監測系統和智能用藥管理解決方案，希望運用創新科技，分別協助安老院舍更有效率地安排人手服務更多長者，以及解決長者用藥問題。 了解詳情：https://lnkd.in/gqb-XDs9 #城市創科大挑戰 #社區關愛 #幫人有計 #創新科技署 #科技園公司 #科學園

【「中國PE王」單偉建﹕港注定成國金中心 拓在岸人幣業務發圍】 PAG Co-Founder: Hong Kong Destined as a Global Financial Center 私市股權太盟投資集團（PAG）執行董事長單偉建指出，香港鄰近中國內地這一龐大經濟體，擁有自由兌換及穩定的貨幣、獨立的司法，這些因素都注定香港比新加坡更適合成為國際金融中心。他建議，允許香港銀行提供「在岸人民幣服務」，以便發展總部經濟，這樣香港的經濟地位就更為穩固。 Hong Kong's proximity to the vast China's economy, along with its freely convertible and stable currency and independent judiciary, makes it more suitable than Singapore as an international financial center, said Weijian Shan, co-founder and executive chairman of PAG, one of Asia’s largest private equity firms with more than $55 billion in assets under management. Shan suggested that allowing Hong Kong banks to offer "onshore RMB services" would further bolster the city’s economic status and enhance its appeal as a headquarters for businesses. 完整訪問：https://lnkd.in/ga3ZqQ-B ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ #信報 #專訪 #AssetManagement #PrivateEquity #alternative #HongKong #Finance #Onshore #RMB #Market

【逆人性做事：職場求生術】 Mastering the Corporate Arena: Essential Survival Tactics //假若職場新手在試用期後成功存活下來，恭喜你們正式進入真正的「職涯修羅場」。在這篇文章中，筆者將進一步探討一些更高階的職場策略，助你在職場中更上一層樓，真正掌握先機，成就不凡。讓我們一起踏上這條新手的蛻變之路。// Congratulations on surviving your probation period! You’re now stepping into the true arena of your career. In this article, we’ll uncover sophisticated tactics that can propel you to new heights in your workplace, empowering you to take charge and achieve remarkable success. Let’s embark on this transformative journey from novice to expert together. 網站全文：https://lnkd.in/g2Wih2KJ ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ The Chinese University of Hong Kong Tina Choi #信報 #專欄 #商管啟示 #CUHK #business #Leadership #Innovation #Management #CorporateCulture #BusinessStrategy

【復甦路徑清晰 內地迎「漸進式牛市」】 Clear Path to Recovery: Mainland China Welcomes a 'Gradual Bull Market' //自9月26日中央政治局會議發出正面政策訊息後，市場極其關注後續政策，而財政部在最近的新聞發布會上，暗示明年將進一步擴大財政刺激規模。 我們認為，9月下旬的政治局會議標誌着政策轉變的開端。經過3年的去槓桿進程，內地經濟已陷入通縮，並面臨螺旋式債務通縮風險急劇上升的局面，相信政策制定者已意識到轉變的必要性，現正展開綜合性、多管齊下的措施，務求逆轉走勢。// Following the Political Bureau of the Communist Party of China Central Committee meeting on September 26, which delivered positive policy signals, the market is keenly focused on forthcoming policy developments. The Ministry of Finance recently implied there will be an expansion of fiscal stimulus next year. We expect that the late September meeting signifies a pivotal policy shift. After three years of deleveraging, the mainland economy has slipped into deflation, facing an escalating risk of a debt deflation spiral. It appears that policymakers have acknowledged the need for change and are now rolling out comprehensive, multifaceted measures aimed at reversing the current economic trend. 網站全文：https://lnkd.in/gZ3D---G ｜Be sure to follow Hong Kong Economic Journal｜ ｜Your Professional Guide to Financial Intelligence｜ J.P. Morgan J.P. Morgan Private Bank Timothy Fung #信報 #理財投資 #中國經濟 #HKEJ #Business #Investment #China #Economy #Bullmarket #PrivateBanking

【匯豐：七成Z世代工作為旅行 20歲開始投資】 HSBC survey finds 70% of Gen Z View Travel as a Work Motivation and Start Investing at Age 20 HSBC 首個針對香港Z世代的研究「滙豐One理財新Z維調查」發現，與前幾代香港人不同，雖然Z世代奉行「樂活當下」，但同時他們亦維持嚴謹的財務紀律，並在娛樂支出和長遠財務目標之間保持平衡。 HSBC has released its first Gen Z study, "HSBC One 2024 – Decoding Gen Z," which reveals that unlike previous generations of Hongkonger, Gen Z embraces a "live in the moment" philosophy while also maintaining strict financial discipline. They manage to strike a balance between entertainment spending and long-term financial goals. 網站全文：https://lnkd.in/g-uhkr43 $38試閱《信報》網上版14天 bit.ly/3JbISl8 $98試閱《信報》網上版 +《信報財經月刊》電子揭頁版一個月 bit.ly/3NYGMb6 #信報 #即時新聞 #滙豐 #研究 #調查 #樂活當下 #香港Z世代 #投資 #理財

《信報財經新聞》主辦第八屆「上市公司卓越大獎」，以股票追勢系統EJFQ「信號」篩選出得獎公司。今年新設「榮耀大獎」，授予「上市公司卓越大獎」獲選5年或以上的企業，對其卓越表現予以肯定。頒獎典禮已於12月11日圓滿舉行，今年得獎公司共有28間，包括7間藍籌企業及21間主板企業，表揚它們在波動市況中仍展現非凡適應力，為香港經濟作出重大貢獻。   The eighth "Listed Company Awards of Excellence" organized by the Hong Kong Economic Journal, employed the EJFQ system to identify the award-winning companies. This year, a new "Honor Award" was introduced, honoring companies that have been recipients of the "Listed Company Awards of Excellence" for five years or more, acknowledging their outstanding performance. The award ceremony was successfully held on 11 Dec 2023. A total of 28 companies received awards, including 7 blue chip companies and 21 main board companies. These companies were commended for their exceptional adaptability in volatile market conditions, making significant contributions to the Hong Kong economy. #信報 #上市公司卓越大獎 #HKEJ