Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.
Richard Harris
Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.

Latest from Richard Harris

The View | No need for investors to panic, Hong Kong will bounce back, as it always has

Hong Kong’s reputation has taken a hit but there is no need for investors to start thinking about pulling out. It is in Beijing’s interests not to mess with the city’s commercial freedoms.

12 Jul 2019 - 11:25AM

Hong Kong’s reputation has taken a hit but there is no need for investors to start thinking about pulling out. It is in Beijing’s interests not to mess with the city’s commercial freedoms.

No need for investors to panic, Hong Kong will bounce back, as it always has
The View | It’s been a bumper six months for stocks and bonds – except in underperforming Hong Kong, where the free market is now under attack

From Wall Street and Europe to Shanghai and Shenzhen, markets have enjoyed a spectacular rise – setting the stage for a big correction. In Hong Kong, rising instability could cause lasting damage to the city’s free and open economy.

4 Jul 2019 - 10:26PM

From Wall Street and Europe to Shanghai and Shenzhen, markets have enjoyed a spectacular rise – setting the stage for a big correction. In Hong Kong, rising instability could cause lasting damage to the city’s free and open economy.

It’s been a bumper six months for stocks and bonds – except in underperforming Hong Kong, where the free market is now under attack
Winds of change poised to blast world markets, says Richard Harris

Global markets are being buffeted by winds of change, with everything from Brexit to digital disruption shaking up fundamentals, despite share prices remaining relatively steady.
But Richard Harris, investment banker and business columnist for the South China Morning Post, forecasts that many markets could lose as much as 10 per cent by the middle of summer 2019.

21 Jun 2019 - 3:59PM

Global markets are being buffeted by winds of change, with everything from Brexit to digital disruption shaking up fundamentals, despite share prices remaining relatively steady.
But Richard Harris, investment banker and business columnist for the South China Morning Post, forecasts that many markets could lose as much as 10 per cent by the middle of summer 2019.

Winds of change poised to blast world markets, says Richard Harris
The View | As the extradition row erodes confidence in Hong Kong, Singapore is looking attractive to businesspeople who are quietly moving their money out

Hong Kong’s leader Carrie Lam has, by insisting on pushing through the contentious bill, lost all credibility. More worryingly for the city, perhaps, lawyers, bankers and businesspeople report it is increasingly tough to do international business here.

13 Jun 2019 - 10:35PM

Hong Kong’s leader Carrie Lam has, by insisting on pushing through the contentious bill, lost all credibility. More worryingly for the city, perhaps, lawyers, bankers and businesspeople report it is increasingly tough to do international business here.

As the extradition row erodes confidence in Hong Kong, Singapore is looking attractive to businesspeople who are quietly moving their money out
What's the next move for Chinese tech giant Huawei in the trade war game?

The US and China find themselves backed into a corner in the trade war, but one bold move by Huawei could turn a chess-like impasse into a winning strategy for the Chinese side. 

21 Jun 2019 - 3:56PM

The US and China find themselves backed into a corner in the trade war, but one bold move by Huawei could turn a chess-like impasse into a winning strategy for the Chinese side. 

What's the next move for Chinese tech giant Huawei in the trade war game?
The View | Here’s how Huawei can reverse its fortunes: offer its 5G technology to the world for free

The US and China find themselves backed into a corner in the trade war, but one bold move by Huawei can turn the chess-like impasse into a winning move for the Chinese side.

7 Jun 2019 - 1:15AM

The US and China find themselves backed into a corner in the trade war, but one bold move by Huawei can turn the chess-like impasse into a winning move for the Chinese side.

Here’s how Huawei can reverse its fortunes: offer its 5G technology to the world for free
The View | Political change is in the air, from Europe to India and Australia, and markets should take heed

Recent elections around the world have mostly produced surprises and attacks on the status quo. The ripple of change will have an effect on the overstretched market, so we should expect bloated prices to fall.

18 Jun 2019 - 6:07PM

Recent elections around the world have mostly produced surprises and attacks on the status quo. The ripple of change will have an effect on the overstretched market, so we should expect bloated prices to fall.

Political change is in the air, from Europe to India and Australia, and markets should take heed
The View | China should think hard before using rare earths as a ‘weapon’ in trade tit-for-tat with US over Huawei

The 2010 weaponisation of rare earths rebounded badly on China, even as US sanctions on Huawei look to be doing the same to Americans. Tit-for-tat action usually ends up in pain for all but, in the long term, competition can also herald change and a fresh economic equilibrium.

24 May 2019 - 2:22AM

The 2010 weaponisation of rare earths rebounded badly on China, even as US sanctions on Huawei look to be doing the same to Americans. Tit-for-tat action usually ends up in pain for all but, in the long term, competition can also herald change and a fresh economic equilibrium.

China should think hard before using rare earths as a ‘weapon’ in trade tit-for-tat with US over Huawei
The View | It’s clear that a US-China trade deal will not be quick, or easy

Hammering out one big trade treaty between two different trade systems is virtually impossible. More likely, the US and China will take decades to iron out a series of trade treaties.

17 May 2019 - 12:57AM

Hammering out one big trade treaty between two different trade systems is virtually impossible. More likely, the US and China will take decades to iron out a series of trade treaties.

It’s clear that a US-China trade deal will not be quick, or easy
The View | Hong Kong’s bubble has protected it from the disruptions of the digital revolution, but this won’t last forever

Due to unique features of its economy and politics Hong Kong has missed the tech upheaval rearranging the outside world. This won’t last, and our young people need to learn new life and business skills to thrive.

2 May 2019 - 10:27PM

Due to unique features of its economy and politics Hong Kong has missed the tech upheaval rearranging the outside world. This won’t last, and our young people need to learn new life and business skills to thrive.

Hong Kong’s bubble has protected it from the disruptions of the digital revolution, but this won’t last forever
The View | If the MTR can pay big bucks, why aren’t we getting the best top management?

MTR CEOs don’t come cheap, but Hong Kong doesn’t seem to be getting its money’s worth of leadership. Amid scandals, the MTR Corp has also been chasing new projects around the world and neglecting its duty of public service at home.

18 Apr 2019 - 10:22PM

MTR CEOs don’t come cheap, but Hong Kong doesn’t seem to be getting its money’s worth of leadership. Amid scandals, the MTR Corp has also been chasing new projects around the world and neglecting its duty of public service at home.

If the MTR can pay big bucks, why aren’t we getting the best top management?
The View | In the fight against fake news, pornography and online hate speech, we must be careful not to break the internet

Countries from Britain to Singapore are getting tough on web content and fake news, and even Facebook’s Mark Zuckerberg agrees that governments should help regulate content. But they must guard against excessive Chinese-style censorship.

11 Apr 2019 - 10:36PM

Countries from Britain to Singapore are getting tough on web content and fake news, and even Facebook’s Mark Zuckerberg agrees that governments should help regulate content. But they must guard against excessive Chinese-style censorship.

In the fight against fake news, pornography and online hate speech, we must be careful not to break the internet
The View | From stocks and bonds to currencies, a sizzling first quarter can mean only one thing – tougher times around the corner

After a bruising end to 2018, the solid performances in the financial markets in the past three months – for the most part – were perhaps not surprising. Just don’t expect them to last.

4 Apr 2019 - 10:17PM

After a bruising end to 2018, the solid performances in the financial markets in the past three months – for the most part – were perhaps not surprising. Just don’t expect them to last.

From stocks and bonds to currencies, a sizzling first quarter can mean only one thing – tougher times around the corner
The View | To win Hongkongers’ support for the Lantau reclamation plan, officials should improve their maths – or their spin

The government’s calculations apparently show that spending what could be the city’s entire fiscal reserves to build artificial islands to solve our housing crisis would be worth it. The problem is, can we trust its maths?

29 Mar 2019 - 9:02AM

The government’s calculations apparently show that spending what could be the city’s entire fiscal reserves to build artificial islands to solve our housing crisis would be worth it. The problem is, can we trust its maths?

To win Hongkongers’ support for the Lantau reclamation plan, officials should improve their maths – or their spin
The View | When passive money is in danger in choppy markets, it’s time to get an active fund manager

The passive index fund came from the idea that it is easier to buy the market index, and cut out the stock picker. But passive funds will lose money in volatile markets, which active investors can take better advantage of.

21 Mar 2019 - 10:22PM

The passive index fund came from the idea that it is easier to buy the market index, and cut out the stock picker. But passive funds will lose money in volatile markets, which active investors can take better advantage of.

When passive money is in danger in choppy markets, it’s time to get an active fund manager
The View | What Boeing’s troubles tell us about investing: it’s the end of an era

The fall in Boeing’s shares following the Ethiopia crash is to be expected, but also expect the company to fix the problem and the share price to recover. Increasingly, investors should look out for such bargains in stock trading, for the days of the passive fund investor may be over.

14 Mar 2019 - 2:00PM

The fall in Boeing’s shares following the Ethiopia crash is to be expected, but also expect the company to fix the problem and the share price to recover. Increasingly, investors should look out for such bargains in stock trading, for the days of the passive fund investor may be over.

What Boeing’s troubles tell us about investing: it’s the end of an era
The View | China’s Li Keqiang presents an economy in distress in NPC speech. Is it just growing pains?

The lack of an accurate GDP growth figure means the true state of the Chinese economy, now facing its slowest growth in almost 30 years, remains guesswork, heightening worries over debt and unemployment.

7 Mar 2019 - 10:26PM

The lack of an accurate GDP growth figure means the true state of the Chinese economy, now facing its slowest growth in almost 30 years, remains guesswork, heightening worries over debt and unemployment.

China’s Li Keqiang presents an economy in distress in NPC speech. Is it just growing pains?
The View | Why Huawei should lie low and plan a US listing instead of going on the offensive

The Chinese telecom giant would do better to fend of attacks from the US by negotiating privately, avoiding involving the government and burnishing its reputation with a listing in New York.

1 Mar 2019 - 6:14AM

The Chinese telecom giant would do better to fend of attacks from the US by negotiating privately, avoiding involving the government and burnishing its reputation with a listing in New York.

Why Huawei should lie low and plan a US listing instead of going on the offensive
The View | The Greater Bay Area is the right thing for Hong Kong and China – if it has all the right connections

If the Greater Bay Area has uniform pricing in key areas, a smart permit system and fast train links, it will be a benefit to all involved – Hong Kong included.

21 Feb 2019 - 10:25PM

If the Greater Bay Area has uniform pricing in key areas, a smart permit system and fast train links, it will be a benefit to all involved – Hong Kong included.

The Greater Bay Area is the right thing for Hong Kong and China – if it has all the right connections
The View | A Chinese economic slowdown is good for the world. In time, it’ll be good for China too

Consolidation after the rapid growth of the 2000s will lower prices and curb interest rate rises, thereby stimulating the global economy. Beijing, too, could use the help to rein in runaway debt and retool the economy.

24 Jan 2019 - 10:31PM

Consolidation after the rapid growth of the 2000s will lower prices and curb interest rate rises, thereby stimulating the global economy. Beijing, too, could use the help to rein in runaway debt and retool the economy.

A Chinese economic slowdown is good for the world. In time, it’ll be good for China too
The View | Brexit chaos adds to global risks, but the No 1 worry comes down to economic growth

Investors should keep a close watch on the GDP figures of major economies like China and Germany. However Brexit ends, it is already a drag on the struggling Chinese economy, and a slowdown will move the markets.

17 Jan 2019 - 10:18PM

Investors should keep a close watch on the GDP figures of major economies like China and Germany. However Brexit ends, it is already a drag on the struggling Chinese economy, and a slowdown will move the markets.

Brexit chaos adds to global risks, but the No 1 worry comes down to economic growth
The View | Forget reclamation. Hong Kong should build a floating city

Critics are right to note that massive reclamation in Lantau is too costly to be worth the returns, not to mention the risk of storms triggered by climate change. There’s a better way to make use of our coastal waters.

10 Jan 2019 - 10:46PM

Critics are right to note that massive reclamation in Lantau is too costly to be worth the returns, not to mention the risk of storms triggered by climate change. There’s a better way to make use of our coastal waters.

Forget reclamation. Hong Kong should build a floating city
The View | How badly is China’s economy doing? Look behind the official GDP figures

China’s economy is stagnating, through no fault of Beijing’s. But when Beijing holds on to a wishful 6 per cent GDP number, investors will make mistakes. Reliance on the ‘China model’ also won’t help trade talks with the US

3 Jan 2019 - 10:26PM

China’s economy is stagnating, through no fault of Beijing’s. But when Beijing holds on to a wishful 6 per cent GDP number, investors will make mistakes. Reliance on the ‘China model’ also won’t help trade talks with the US

How badly is China’s economy doing? Look behind the official GDP figures
The View | Why the Santa rally in stock markets may just be a little late

The December rout in US stocks was, in hindsight, not surprising, given the market jitters and the languishing European and Chinese markets. Even so, the lower than average price-to-earnings ratio should reassure investors.

27 Dec 2018 - 10:26PM

The December rout in US stocks was, in hindsight, not surprising, given the market jitters and the languishing European and Chinese markets. Even so, the lower than average price-to-earnings ratio should reassure investors.

Why the Santa rally in stock markets may just be a little late
The View | If you thought 2018 was bad, just wait until next year

Richard Harris gets a review of the year from Santa himself, who made it clear the continuing bad news over trade tariffs, data breaches and slumping stocks, among other challenges, mean the ‘year of consolidation’ will last beyond 2018.

20 Dec 2018 - 10:24PM

Richard Harris gets a review of the year from Santa himself, who made it clear the continuing bad news over trade tariffs, data breaches and slumping stocks, among other challenges, mean the ‘year of consolidation’ will last beyond 2018.

If you thought 2018 was bad, just wait until next year
The View | Huawei CFO Meng Wanzhou’s arrest: why business executives the world over should be held to account

While it’s easy to jump to the conclusion that the Huawei CFO’s detention is a trade war escalation, businesspeople are arrested every week, with little public outcry, and those at the top must take responsibility for their actions.

14 Dec 2018 - 2:31PM

While it’s easy to jump to the conclusion that the Huawei CFO’s detention is a trade war escalation, businesspeople are arrested every week, with little public outcry, and those at the top must take responsibility for their actions.

Huawei CFO Meng Wanzhou’s arrest: why business executives the world over should be held to account
The View | Why Trump’s trade war is pushing China to become smarter and stronger, faster

Donald Trump’s trade war on China found an echo around the Western world, where even Hong Kong investment is suspect now. But, on balance, he is doing China a favour by pushing it to become more self-sufficient.

6 Dec 2018 - 10:21PM

Donald Trump’s trade war on China found an echo around the Western world, where even Hong Kong investment is suspect now. But, on balance, he is doing China a favour by pushing it to become more self-sufficient.

Why Trump’s trade war is pushing China to become smarter and stronger, faster
The View | Traditionally, it’s time for a ‘Santa rally’ in the markets, but will we see one this year?

While history offers ample evidence that stock prices will always defy predictions, there’s an observable seasonality to markets. It pays to follow the flow – until and unless an earthquake hits.

15 Nov 2018 - 10:35PM

While history offers ample evidence that stock prices will always defy predictions, there’s an observable seasonality to markets. It pays to follow the flow – until and unless an earthquake hits.

Traditionally, it’s time for a ‘Santa rally’ in the markets, but will we see one this year?
The View | Donald Trump’s re-election chances haven’t been hurt by the US midterm results

Trump is a natural campaigner and there’s plenty he can do with the presidential platform, so the US midterm results mean little for 2020. This is especially the case if he keeps waging his trade war against China’s ‘unfair’ practices, and winning

8 Nov 2018 - 11:00PM

Trump is a natural campaigner and there’s plenty he can do with the presidential platform, so the US midterm results mean little for 2020. This is especially the case if he keeps waging his trade war against China’s ‘unfair’ practices, and winning

Donald Trump’s re-election chances haven’t been hurt by the US midterm results
The View | Why Cathay Pacific’s handling of its data breach deserves praise – honesty is better than silence

The aviation giant is one of a long list of companies whose customer data has been compromised but it responded with greater thoroughness and transparency.

1 Nov 2018 - 10:28PM

The aviation giant is one of a long list of companies whose customer data has been compromised but it responded with greater thoroughness and transparency.

Why Cathay Pacific’s handling of its data breach deserves praise – honesty is better than silence