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 | 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 - 10:20PM

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.

17 Nov 2018 - 5:25AM

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
The View | Why Hong Kong needs fewer bridges to nowhere and more escalators, lifts and footbridges

Richard Harris says the Hong Kong-Zhuhai-Macau Bridge compares badly to smaller projects like the Mid-Levels escalator that has proved to be both cost-effective and useful The city is difficult to navigate and needs more infrastructure that will serve its ageing population.

25 Oct 2018 - 10:40PM

Richard Harris says the Hong Kong-Zhuhai-Macau Bridge compares badly to smaller projects like the Mid-Levels escalator that has proved to be both cost-effective and useful The city is difficult to navigate and needs more infrastructure that will serve its ageing population.

Why Hong Kong needs fewer bridges to nowhere and more escalators, lifts and footbridges
The View | Jamal Khashoggi disappearance: too much at stake for Saudi Arabia to face any real punishment

The case of the ‘meddlesome’ regime critic has triggered Western outrage, but the rest of the world needs to consider what instability in Saudi Arabia would mean, given how vital its oil exports are.

18 Oct 2018 - 10:36PM

The case of the ‘meddlesome’ regime critic has triggered Western outrage, but the rest of the world needs to consider what instability in Saudi Arabia would mean, given how vital its oil exports are.

Jamal Khashoggi disappearance: too much at stake for Saudi Arabia to face any real punishment
The View | How trouble in Europe might trigger a global debt crisis

The EU has more to lose than the UK in the Brexit battle, for Britain’s departure might mean the beginning of the end of European federalism. And if the euro splinters and weakens against the US dollar, it may hurt those countries with dollar debt.

11 Oct 2018 - 10:48PM

The EU has more to lose than the UK in the Brexit battle, for Britain’s departure might mean the beginning of the end of European federalism. And if the euro splinters and weakens against the US dollar, it may hurt those countries with dollar debt.

How trouble in Europe might trigger a global debt crisis
The View | Who’s laughing now? At least on the US economy, Trump is doing a pretty good job

All signs point to a broad-based market rally. Indeed, Trump would win any poll today based on the strength of the US economy. And Chinese and European markets can recover quickly once good sense prevails in the US-China trade war.

4 Oct 2018 - 10:30PM

All signs point to a broad-based market rally. Indeed, Trump would win any poll today based on the strength of the US economy. And Chinese and European markets can recover quickly once good sense prevails in the US-China trade war.

Who’s laughing now? At least on the US economy, Trump is doing a pretty good job
Why China is unlikely to weaponise the yuan, even as the trade war rages

The level-headedness of Chinese policymakers has been in evidence in the past months as the yuan has not excessively devalued despite the US-China trade war.

29 Sep 2018 - 2:36PM

The level-headedness of Chinese policymakers has been in evidence in the past months as the yuan has not excessively devalued despite the US-China trade war.

Why China is unlikely to weaponise the yuan, even as the trade war rages
The View | How Typhoon Mangkhut and a stock market crash are connected

The information overload, panic, calm, storm and blame game: was Hong Kong hit by a super typhoon or a market crash?

29 Sep 2018 - 2:36PM

The information overload, panic, calm, storm and blame game: was Hong Kong hit by a super typhoon or a market crash?

How Typhoon Mangkhut and a stock market crash are connected
The View | Is this China’s lost decade? The economy is slowing, and now’s the time to focus on quality of life

China’s decade of development was in the 2000s and as its economic growth inevitably slows, the real target for Beijing is to keep improving its GDP per capita to enhance quality of life for ordinary citizens.

29 Sep 2018 - 2:36PM

China’s decade of development was in the 2000s and as its economic growth inevitably slows, the real target for Beijing is to keep improving its GDP per capita to enhance quality of life for ordinary citizens.

Is this China’s lost decade? The economy is slowing, and now’s the time to focus on quality of life
The View | Why the billions China is pouring into Africa might not be smart money

China is lending and pledging billions to Africa, to ensure its access to cheap resources and extend its influence. But Africans are wise to the situation and the Chinese might not really benefit from their investment.

7 Sep 2018 - 5:57AM

China is lending and pledging billions to Africa, to ensure its access to cheap resources and extend its influence. But Africans are wise to the situation and the Chinese might not really benefit from their investment.

Why the billions China is pouring into Africa might not be smart      money
The View | Why grocery shopping in Hong Kong is still a walk down the aisle of bad deals

Hong Kong’s Competition Commission should be taking on the big players, such as chain stores where the high unit prices affect people’s daily lives.

30 Aug 2018 - 10:47PM

Hong Kong’s Competition Commission should be taking on the big players, such as chain stores where the high unit prices affect people’s daily lives.

Why grocery shopping in Hong Kong is still a walk down the aisle of bad deals
Opinion | If the noose is tightening around Donald Trump, should investors be worried?

The recent scandals surrounding the US president have not fazed financial markets, given that the likelihood of Trump being ousted is low.

29 Sep 2018 - 2:36PM

The recent scandals surrounding the US president have not fazed financial markets, given that the likelihood of Trump being ousted is low.

If the noose is tightening around Donald Trump, should investors
					be worried?
The View | Forget the trade war – it’s the strong US dollar that should really make us worry

The strength of the US currency is bad news for economies with large trade deficits, budget problems or – like Turkey – enormous foreign borrowings. If the strong dollar continues, a global slowdown can’t be ruled out.

17 Aug 2018 - 4:46PM

The strength of the US currency is bad news for economies with large trade deficits, budget problems or – like Turkey – enormous foreign borrowings. If the strong dollar continues, a global slowdown can’t be ruled out.

Forget the trade war – it’s the strong US dollar that should really make us worry
The View | As Apple Pay and other cashless options promote easy spending, it’s time to talk about global debt

The ability of mobile payments to make spending seamless is symptomatic of the easy credit in the global economy, which is closing its eyes to debt.

9 Aug 2018 - 11:11PM

The ability of mobile payments to make spending seamless is symptomatic of the easy credit in the global economy, which is closing its eyes to debt.

As Apple Pay and other cashless options promote easy spending, it’s time to talk about global debt
The View | Don’t panic: the trade tiff is a realignment but not the end of the global economic order

Stock markets are indicating that the reaction to the US-China trade war talk is more of an adjustment than a cataclysm, and the Harley-Davidson episode suggests that companies will find a way around the damage.

28 Jun 2018 - 10:35PM

Stock markets are indicating that the reaction to the US-China trade war talk is more of an adjustment than a cataclysm, and the Harley-Davidson episode suggests that companies will find a way around the damage.

Don’t panic: the trade tiff is a realignment but not the end of the global economic order
The View | Trade war could boost European stock markets as the law of supply and demand plays out

As the laws of economics take their course, the global economy will adjust to tariffs being the new normal and trading alliances will reorganise themselves.

26 Jun 2018 - 3:57AM

As the laws of economics take their course, the global economy will adjust to tariffs being the new normal and trading alliances will reorganise themselves.

Trade war could boost European stock markets as the law of supply and demand plays out