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  • Ellie Chun

Message from Coach

On this week’s market summary:

1️⃣Hong Kong stocks snapped a two-session winning streak, as traders awaited the release of China’s July economic data and weighed the strength of the global economy after US equities approached all-time highs. The Hang Seng Index fell less than 0.1 per cent, or 13.35 points, to 25,230.67 at the close. The gauge changed directions at least 10 times in intraday trading. 2️⃣Swire Pacific Ltd., the 204-year-old British trading firm based in Hong Kong, said its recovery is tied to growth in Asia’s financial hub and the Chinese mainland after months of political turmoil and the coronavirus pandemic tipped it into its first half-yearly loss since 2008. 3️⃣China will eventually gain a bigger share of total global exports regardless of the impact of the coronavirus on foreign demand and threats of decoupling from the US, according to the head of the country’s customs administrations.

4️⃣Visa Inc. sold bonds at a record low yield as it became the first consumer finance company to issue debt to fund environmentally friendly projects.

5️⃣At Peter Woo’s Wharf Real Estate Investment Co., retail rental income plunged by almost a third in the first half of the year, leading to a loss and a HK$7.4 billion ($955 million) hit to its portfolio. Revenue from Hong Kong property sales at Li Ka-shing’s CK Asset Holdings Ltd. slumped by more than 60%. The Kwoks’s Sun Hung Kai Properties Ltd. slashed rents for some tenants, while the biggest landlord in the Central district said its vacancy rate rose to 5% at the end of June from 2.9% in December.

























One of the must-ask interview questions for banking and finance is: “Have you read any news recently?”, with the follow-up questions: “How would you link this news to the market and what investment suggestions would you give to your clients based on this news?”


Showing your market sense and ability to provide feasible investment ideas would help to differentiate you from other candidates. Therefore, apart from the weekly news update / investment insights, we have also generated this Weekly Market Summary for you to have a quick understanding of the market development and tips to answer some hot discussion topics.


20200815 HKCareers_Weekly Market Summary
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Take a look of the summary and WhatsApp us in the group if you have questions.

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