Lyft Inc. forecast that 2019 would be the peak year for losses after the ride service company lost US$1.1 billion in its first quarter, Reuters reports. “We are encouraged by [the] strength of our cor ...More
EJ Insight2019-05-08
... eaching a peak in early 2018, Bitcoin has performed better than other assets, including cash, in protecting wealth and purchasing power. “Bitcoin can help them hedge their assets against severe deprec ...More
EJ Insight2019-04-29
... from the peak in 2015. The total fall has amounted to nearly 30 percent if the weaker sterling is taken into account. The full article appeared in the Hong Kong Economic Journal on April 23 Translati ...More
EJ Insight2019-04-24
... on Castle Peak Road across Chan Kee Commercial Centre in Sham Tseng. When they arrived, police found the car abandoned, but later saw the driver trying to pose as someone leaving the center. They arre ...More
EJ Insight2019-04-23
Peak Tram, which ferries passengers from Central to the tourist attraction of Victoria Peak, has temporarily suspended its service to upgrade its capacity amid rising demand. The Transport Department ...More
EJ Insight2019-04-23
... ts during peak seasons. On average, however, the number of passengers was below 80,000, the forecasted passenger throughput for the pricey transport. As for the Hong Kong-Zhuhai-Macau Bridge (HKZMB), ...More
EJ Insight2019-04-23
... ment, the peak is probably yet to come. This article appeared in the Hong Kong Economic Journal on April 15 Translation by Julie Zhu [Chinese version 中文版] – Contact us at [email protected] RC ...More
EJ Insight2019-04-16
... after the peak in the S&P 500 is no coincidence. The synchronized upswing in global growth of 2017 gave way to a sudden stop in global trade in fourth quarter of 2018. The economic weakness appear ...More
EJ Insight2019-04-15
... istorical peak level. Some investors and analysts are getting increasingly bullish and are eagerly waiting for the next round of bull cycle. News such as progress in US-China trade talks, massive capi ...More
EJ Insight2019-04-12
... istorical peak of 6,124 points. Nearly 90 percent said they believe the latter will take place first. Likewise, the bullish camp believes Hong Kong's benchmark Hang Seng Index may hit 40,000 points wi ...More
EJ Insight2019-04-12
... hitting a peak in 2016. Last year, subscribers were estimated at 223 million, down 8.75 percent from a year ago. The industry has seen its profitability get constrained and profit margins decline amid ...More
EJ Insight2019-04-09
... r year in peak traffic. In Jakarta, the average driver starts and stops more than 33,000 times per year. Partly because of such congestion, cities account for 70 percent of global carbon pollution. Th ...More
EJ Insight2019-04-09
... ss from a peak to a trough of a portfolio. Their maximum drawdown was -33.3 percent and -56.8 percent respectively. But we can improve the method by inserting a stop loss limit. For example, if we add ...More
EJ Insight2019-04-08
... illennium peak year of 2001 saw £1.2 billion made in the UK. That was 18 years ago, a reason why record labels are looking around for the next big thing. Artists? Meh. They are a pain, they overdose, ...More
EJ Insight2019-04-02
... geworks, speaking before the pricing. The ride-hailing industry is expected to grow rapidly in the coming years, as young millennials in big cities choose not to buy their own car. Yet the sector is f ...More
EJ Insight2019-03-29
... at at its peak netted the company stakes in banks, fund managers, hotels, property and airlines, among other assets. It also owns full-service carrier Hong Kong Airlines, which is not part of the deal ...More
EJ Insight2019-03-27
... from its peak of 14 billion yuan, Guo said. Some employees were not paid for two months, he said. The central bank said earlier this month that it would gradually set up a system of rules to regulate ...More
EJ Insight2019-03-19
... r, from a peak of HK$477 in January. All these have put enormous pressure on founder Pony Ma, according to the article. Ma was said to have been even more shocked as he found that Tencent’s 40,000-str ...More
EJ Insight2019-03-19
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... s. At its peak in 2015, the sector had about 3,500 businesses in China. The P2P industry had outstanding loans of 1.49 trillion yuan (US$217.96 billion) last year, far larger than the combined sector ...More
EJ Insight2019-03-01