On Jan. 16, 2013, Benny Tai, then an associate professor in the University of Hong Kong law faculty, published an article in the Hong Kong Economic Journal which proposed the idea of Occupy Central fo ...More
EJ Insight2016-01-26
Where is the bottom line for the yuan's depreciation? My bold guess is the Chinese currency will hover in the range of 6.7 and 7.0 against the US dollar in the onshore market until the end of this yea ...More
EJ Insight2016-01-18
President Barack Obama outlined an ambitious vision for America's future but admitted to failure to heal the political divisions in the country that are holding back progress. Delivering his final Sta ...More
EJ Insight2016-01-13
If Lee Bo had not "disappeared" on Dec. 30, the person to go missing might have been Jin Zhong, the editor of one of Hong Kong’s best China-watching magazines for 30 years and the publisher of 40 book ...More
EJ Insight2016-01-11
Hong Kong is developing a serious depressive disorder, and it is not difficult to see why. The misrule of Leung Chun-ying and his penchant for confrontation complements his government’s unerring prope ...More
EJ Insight2016-01-09
He gained a lot from his father's wisdom, and used it to build his hotel empire. But for Girish Jhunjhnuwala, a Hong Kong-born Indian entrepreneur, success also resulted from a bold bet he took - buyi ...More
EJ Insight2016-01-07
The disappearance of five men connected with a Causeway Bay bookstore critical of the Communist Party leadership has taken surprising twists. First, Hong Kong Chief Executive Leung Chun-ying expressed ...More
EJ Insight2016-01-05
Is it game over for Hong Kong? I have asked this question in two previous articles. In a 2013 article, I wrote: “I do not think Hong Kong is 'game over'. But I do think we are in danger of becoming th ...More
EJ Insight2016-01-05
When it comes to sovereign debt, the term “default” is often misunderstood. It almost never entails the complete and permanent repudiation of the entire stock of debt; indeed, even some Czarist-era Ru ...More
EJ Insight2016-01-04
I’ve made 10 “educated guesses” at the end of 2014 for the financial market in 2015. It’s time to review my guesses. 1. The US dollar will continue to strengthen: correct The dollar index has continue ...More
EJ Insight2015-12-31
A series of mis-steps by local officials have led to a loss of confidence among the public in the Hong Kong government. The public trust has eroded to such an extent that some people perceive an evil ...More
EJ Insight2015-12-23
Back in 2009, when Hong Kong was still reeling from the global financial crisis and few had heard of the term startup or co-working space, Cyberport completed its first Smart-Space. The city now has o ...More
EJ Insight2015-12-22
The Hong Kong market has been fairly volatile in the second half of this year. Investors are waiting for the first US rate hike in nearly nine years. I hope stocks enjoy a good uptick in the latter ha ...More
EJ Insight2015-12-15
Global central banks are arriving at a crossroads by the end of the year. I recently had a discussion with Stefan Hofrichter, my company’s chief of global economy and strategy department. He said that ...More
EJ Insight2015-12-14
Another playgroup operator, My Gym World, suddenly closed shop a few days ago, a little more than a week after Bambini Republic closed all of its five outlets in Hong Kong. The latest closure has affe ...More
EJ Insight2015-12-10
During the emotionally charged months leading up to last June’s Legislative Council vote on the central government’s political reform framework for Hong Kong, many leading politicians, including Execu ...More
EJ Insight2015-12-07
The death of an elderly woman, unnoticed by staff or customers, in a McDonald’s 24-hour restaurant in October put the spotlight on “McRefugees” in Hong Kong. Months before this incident, Hong Kong-bas ...More
EJ Insight2015-12-05
Many of my friends asked me about the valuation of yuan immediately after its inclusion in the Special Drawing Rights currency basket. I don't think it's a key question to think about for now. The mor ...More
EJ Insight2015-12-03
Pro-democracy nativists have emerged as the new stars in Hong Kong's district council election. They belong to a younger generation that was born and brought up in the city and has a lot of will and s ...More
EJ Insight2015-12-01
The previous article (see below) mentioned that the New York City government seeks to enhance economic diversity in communities by implementing an Inclusionary Housing Program (IHP). Under the program ...More
EJ Insight2015-11-28