Chad Bray

Chad Bray is a senior business reporter focused on finance. He joined the Post in 2018 and has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.
Chad Bray
Chad Bray is a senior business reporter focused on finance. He joined the Post in 2018 and has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.

Latest from Chad Bray

Moody’s unlikely to downgrade ratings of Hong Kong banks as they remain ‘resilient’ in face of protests

Hong Kong lenders collectively have a ‘strong balance sheet’, Moody’s says, but could see some pressure on profits, asset quality as economy weakens.

5 hours ago

Hong Kong lenders collectively have a ‘strong balance sheet’, Moody’s says, but could see some pressure on profits, asset quality as economy weakens.

Moody’s unlikely to downgrade ratings of Hong Kong banks as they remain ‘resilient’ in face of protests
From email alerts to working from home, financial companies are implementing contingency plans as protests rage in Hong Kong

Banks say they’re focused on the safety of their employees and still being able to provide services to customers as protests in Hong Kong continue

13 Oct 2019 - 10:47PM

Banks say they’re focused on the safety of their employees and still being able to provide services to customers as protests in Hong Kong continue

From email alerts to working from home, financial companies are implementing contingency plans as protests rage in Hong Kong
How must the savvy investor prepare, if the world turns bipolar and splits into economic halves around US and China by 2030?

Owning both US, Chinese assets would led to a “more robust portfolio” in the future, Julius Baer’s chief investment officer Yves Bonzon said

10 Oct 2019 - 10:18PM

Owning both US, Chinese assets would led to a “more robust portfolio” in the future, Julius Baer’s chief investment officer Yves Bonzon said

How must the savvy investor prepare, if the world turns bipolar and splits into economic halves around US and China by 2030?
Hong Kong companies ‘resilient’, but protests present new risks, challenges, S&P Global Ratings warns

Operational costs and risks are likely to stay elevated as protests continue, S&P says, with companies such as MTR Corporation and the Airport Authority Hong Kong at most immediate risk

9 Oct 2019 - 10:28PM

Operational costs and risks are likely to stay elevated as protests continue, S&P says, with companies such as MTR Corporation and the Airport Authority Hong Kong at most immediate risk

Hong Kong companies ‘resilient’, but protests present new risks, challenges, S&P Global Ratings warns
US-China trade war may have ‘milder than feared’ effect on global growth, Fidelity says

There is no ‘imminent risk’ of a global recession next year, according to Fidelity, but the trade war’s drag on business, consumer confidence is a key indicator to watch

9 Oct 2019 - 10:20PM

There is no ‘imminent risk’ of a global recession next year, according to Fidelity, but the trade war’s drag on business, consumer confidence is a key indicator to watch

US-China trade war may have ‘milder than feared’ effect on global growth, Fidelity says
Hong Kong bourse drops bid to buy London exchange, shelving its ambition to create one of the world’s biggest financial markets

HKEX had faced a deadline of Wednesday to make formal offer for the London bourse operator.

9 Oct 2019 - 12:09PM

HKEX had faced a deadline of Wednesday to make formal offer for the London bourse operator.

Hong Kong bourse drops bid to buy London exchange, shelving its ambition to create one of the world’s biggest financial markets
Asia-Pacific insurers grow more cautious about economic environment, risk appetite as US-China trade war rages on, BlackRock says

Insurers in Asia-Pacific are growing more cautious about the investment outlook as concerns increase about macroeconomic risk in the next few years, as the US-China trade war continues to rage and stricter regulatory requirements on capital come into place, BlackRock, the world’s biggest asset manager, said.

8 Oct 2019 - 10:55PM

Insurers in Asia-Pacific are growing more cautious about the investment outlook as concerns increase about macroeconomic risk in the next few years, as the US-China trade war continues to rage and stricter regulatory requirements on capital come into place, BlackRock, the world’s biggest asset manager, said.

Asia-Pacific insurers grow more cautious about economic environment, risk appetite as US-China trade war rages on, BlackRock says
HSBC to axe jobs in Europe, high-paying roles amid more cost cutting

HSBC is engaging in another round of cost cutting, which will include job cuts primarily centred in Europe and higher-paid roles, as interim chief executive Noel Quinn looks to put his stamp on the bank, according to people familiar with the discussions.

7 Oct 2019 - 10:40PM

HSBC is engaging in another round of cost cutting, which will include job cuts primarily centred in Europe and higher-paid roles, as interim chief executive Noel Quinn looks to put his stamp on the bank, according to people familiar with the discussions.

HSBC to axe jobs in Europe, high-paying roles amid more cost cutting
More than a third of women entrepreneurs have faced bias in raising capital, HSBC report says

Women in mainland China and Hong Kong have invested more of their own money than their counterparts globally to start a new business, with women investing US$142,841 globally on average

6 Oct 2019 - 10:31PM

Women in mainland China and Hong Kong have invested more of their own money than their counterparts globally to start a new business, with women investing US$142,841 globally on average

More than a third of women entrepreneurs have faced bias in raising capital, HSBC report says
Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent

Third-quarter office rents in Central, Admiralty and Sheung Wan saw the biggest quarterly drop since 2012, Cushman & Wakefield says.

4 Oct 2019 - 9:11AM

Third-quarter office rents in Central, Admiralty and Sheung Wan saw the biggest quarterly drop since 2012, Cushman & Wakefield says.

Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent
Deal activity in Asia falls to its slowest pace in five years amid US-China trade war, global slowdown, Dealogic says

Asia deal flow fell to US$599.6 billion in the first nine months of the year, Dealogic says, while outbound merger activity by Chinese companies declined for a third straight year

3 Oct 2019 - 10:40PM

Asia deal flow fell to US$599.6 billion in the first nine months of the year, Dealogic says, while outbound merger activity by Chinese companies declined for a third straight year

Deal activity in Asia falls to its slowest pace in five years amid US-China trade war, global slowdown, Dealogic says
Hong Kong may have lost US$4 billion of capital to Singapore this summer, says Goldman Sachs, as protests rattled nerves

Goldman Sachs estimates US$3 billion to US$4 billion in Hong Kong dollars may have been deposited in Singapore this summer as the city state reported a sharp uptick in foreign-currency deposits in July and August

3 Oct 2019 - 11:33PM

Goldman Sachs estimates US$3 billion to US$4 billion in Hong Kong dollars may have been deposited in Singapore this summer as the city state reported a sharp uptick in foreign-currency deposits in July and August

Hong Kong may have lost US$4 billion of capital to Singapore this summer, says Goldman Sachs, as protests rattled nerves
Small investors are turning to private equity amid uncertainty in financial markets, says wealth manager Lu International

Lu International, owned by Ping An Insurance-backed Lufax, offers private equity, other wealth management products to smaller investors via app

3 Oct 2019 - 11:30AM

Lu International, owned by Ping An Insurance-backed Lufax, offers private equity, other wealth management products to smaller investors via app

Small investors are turning to private equity amid uncertainty in financial markets, says wealth manager Lu International
Trade war, intellectual property theft among top risk worries for companies in China, Kroll report finds

According to Kroll survey, 94 per cent of companies in China see IP theft as their top risk priority, followed by information leaks and tariffs, sanctions from the trade war

2 Oct 2019 - 9:53PM

According to Kroll survey, 94 per cent of companies in China see IP theft as their top risk priority, followed by information leaks and tariffs, sanctions from the trade war

Trade war, intellectual property theft among top risk worries for companies in China, Kroll report finds
Rising corporate debt could spell trouble for Asia’s banks if economy falters, Moody’s says

Asia-Pacific companies could face more challenging operating environment as US-China trade war rages, economies slow, Moody’s says

2 Oct 2019 - 9:07PM

Asia-Pacific companies could face more challenging operating environment as US-China trade war rages, economies slow, Moody’s says

Rising corporate debt could spell trouble for Asia’s banks if economy falters, Moody’s says
China top-performing market for venture capital returns, according to new eFront report

China is the best performing market based on total value to paid-in measure, outpacing US, according to eFront, but much of China’s value remains ‘unrealised’

1 Oct 2019 - 6:30AM

China is the best performing market based on total value to paid-in measure, outpacing US, according to eFront, but much of China’s value remains ‘unrealised’

China top-performing market for venture capital returns, according to new eFront report
Budweiser shares close 4 per cent higher on trading debut in Hong Kong

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

30 Sep 2019 - 11:03PM

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

Budweiser shares close 4 per cent higher on trading debut in Hong Kong
Food deliveries rise sharply as Hongkongers stay home on weekends as protests discourage eating out

Restaurants and HSBC, through its credit card arm, said they have seen a ‘significant increase’ in delivery orders as weekend restaurant traffic has declined as protests have intensified

29 Sep 2019 - 8:08PM

Restaurants and HSBC, through its credit card arm, said they have seen a ‘significant increase’ in delivery orders as weekend restaurant traffic has declined as protests have intensified

Food deliveries rise sharply as Hongkongers stay home on weekends as protests discourage eating out
US-China trade agreement could fuel shift in investment away from American equities, asset manager DWS says

DWS also did not see Hong Kong’s position as an international finance centre changing despite anti-government protests that have disrupted the city for 16 weekends this summer

27 Sep 2019 - 6:30AM

DWS also did not see Hong Kong’s position as an international finance centre changing despite anti-government protests that have disrupted the city for 16 weekends this summer

US-China trade agreement could fuel shift in investment away from American equities, asset manager DWS says
Hong Kong virtual banks could soft-launch some services in fourth quarter, monetary authority says

The introduction of virtual banking services in the city will be a ‘gradual’ process, according to Arthur Yuen, deputy chief executive of the Hong Kong Monetary Authority

26 Sep 2019 - 6:46PM

The introduction of virtual banking services in the city will be a ‘gradual’ process, according to Arthur Yuen, deputy chief executive of the Hong Kong Monetary Authority

Hong Kong virtual banks could soft-launch some services in fourth quarter, monetary authority says
Budweiser offers shares at HK$27 each, handing Hong Kong a US$5 billion IPO at a time of unprecedented civil strife

Budweiser Brewing Company APAC’s IPO is the second-biggest of the year globally after Uber Technologies’s US$8.1 billion sale in New York in May.

24 Sep 2019 - 11:03PM

Budweiser Brewing Company APAC’s IPO is the second-biggest of the year globally after Uber Technologies’s US$8.1 billion sale in New York in May.

Budweiser offers shares at HK$27 each, handing Hong Kong a US$5 billion IPO at a time of unprecedented civil strife
Women-led unicorns no longer a myth, but venture capital needs to catch up

Less than 25 of the 239 venture capital-backed companies globally have a woman founder, but that could change as several skincare and beauty products companies founded by women become unicorns in the near future.

28 Sep 2019 - 1:26PM

Less than 25 of the 239 venture capital-backed companies globally have a woman founder, but that could change as several skincare and beauty products companies founded by women become unicorns in the near future.

Women-led unicorns no longer a myth, but venture capital needs to catch up
Shenzhen in world’s top 10 financial centres for first time since 2010 while Hong Kong stays in third place just behind London

Hong Kong moved closer to London as concerns over Brexit mount, while Shenzhen jumped five places to rank in the top 10 globally, according to the China Development Institute and Z/Yen Partners survey.

20 Sep 2019 - 8:00AM

Hong Kong moved closer to London as concerns over Brexit mount, while Shenzhen jumped five places to rank in the top 10 globally, according to the China Development Institute and Z/Yen Partners survey.

Shenzhen in world’s top 10 financial centres for first time since 2010 while Hong Kong stays in third place just behind London
Private equity, venture capital executives expect salary increases despite US-China trade war, uncertain economic outlook

Only 1 per cent of professionals expect a salary cut in the next 12 months and hiring at private equity and venture capital firms remains robust despite concerns about “rougher seas” for the industry, according to Heidrick & Struggles survey

19 Sep 2019 - 10:28PM

Only 1 per cent of professionals expect a salary cut in the next 12 months and hiring at private equity and venture capital firms remains robust despite concerns about “rougher seas” for the industry, according to Heidrick & Struggles survey

Private equity, venture capital executives expect salary increases despite US-China trade war, uncertain economic outlook
Budweiser to raise US$4.8 billion in Hong Kong IPO

Budweiser Brewing Company APAC, the Asia-Pacific arm of the world's largest brewer Anheuser-Busch InBev, has revived its Hong Kong initial public offering and is seeking to raise US$4.8 billion in the slimmed-down listing.

17 Sep 2019 - 9:45PM

Budweiser Brewing Company APAC, the Asia-Pacific arm of the world's largest brewer Anheuser-Busch InBev, has revived its Hong Kong initial public offering and is seeking to raise US$4.8 billion in the slimmed-down listing.

Budweiser to raise US$4.8 billion in Hong Kong IPO
Budweiser to raise US$4.8 billion in world’s second largest IPO, adds Singapore sovereign wealth fund GIC as investor

Budweiser Brewing Company APAC said on Tuesday that it plans to raise up to US$4.8 billion and add Singapore sovereign wealth fund GIC Private Limited as a cornerstone investor as it revives its slimmed-down Hong Kong IPO.

23 Sep 2019 - 4:40PM

Budweiser Brewing Company APAC said on Tuesday that it plans to raise up to US$4.8 billion and add Singapore sovereign wealth fund GIC Private Limited as a cornerstone investor as it revives its slimmed-down Hong Kong IPO.

Budweiser to raise US$4.8 billion in world’s second largest IPO, adds Singapore sovereign wealth fund GIC as investor
US-China trade war pessimism has created investment opportunities, asset manager Merian Global says

As the US-China trade war has intensified and concerns over the global economic outlook have increased in recent months, investors have become too pessimistic and are passing up returns in emerging markets equities, according to asset manager Merian Global Investors.

16 Sep 2019 - 9:00PM

As the US-China trade war has intensified and concerns over the global economic outlook have increased in recent months, investors have become too pessimistic and are passing up returns in emerging markets equities, according to asset manager Merian Global Investors.

US-China trade war pessimism has created investment opportunities, asset manager Merian Global says
IPOs return to Hong Kong after slow summer, but trade war, protests could rain on market sentiment, experts say

ESR Cayman, Anheuser-Busch InBev revived shelved listings in Hong Kong and improved investor sentiment could extend the window for new IPOs, according to Credit Suisse

15 Sep 2019 - 11:00PM

ESR Cayman, Anheuser-Busch InBev revived shelved listings in Hong Kong and improved investor sentiment could extend the window for new IPOs, according to Credit Suisse

IPOs return to Hong Kong after slow summer, but trade war, protests could rain on market sentiment, experts say
Stock markets back in favour at Credit Suisse as hopes rise of US-China trade war breakthrough

Credit Suisse favours US equities as it sees less political uncertainty in Europe, further central bank easing.

13 Sep 2019 - 11:00PM

Credit Suisse favours US equities as it sees less political uncertainty in Europe, further central bank easing.

Stock markets back in favour at Credit Suisse as hopes rise of US-China trade war breakthrough
ESR Cayman to revive Hong Kong IPO after shelving offering in June as protests, trade war raged

ESR Cayman warns there is ‘no assurance’ the offering will proceed; it had previously hoped to raise up to US$698.8 million in net proceeds.

13 Sep 2019 - 11:00PM

ESR Cayman warns there is ‘no assurance’ the offering will proceed; it had previously hoped to raise up to US$698.8 million in net proceeds.

ESR Cayman to revive Hong Kong IPO after shelving offering in June as protests, trade war raged