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

Is a ‘governor’ needed to lead Hong Kong out of months of civil unrest?

Banking veteran and opinion columnist Richard Harris questions if Hong Kong needs to appoint a “governor” to settle the unrest in the city.

18 Nov 2019 - 6:19PM

Banking veteran and opinion columnist Richard Harris questions if Hong Kong needs to appoint a “governor” to settle the unrest in the city.

Is a ‘governor’ needed to lead Hong Kong out of months of civil unrest?
The View | Hong Kong’s violent protests aren’t the greatest threat to its economy. Global conditions are

The strength of the Hang Seng Index this fall suggests that the protests are the new normal, and no longer a drag. However, looking at global markets, it appears we are now in a ‘last hurrah’ environment typical of bubbles.

15 Nov 2019 - 7:18AM

The strength of the Hang Seng Index this fall suggests that the protests are the new normal, and no longer a drag. However, looking at global markets, it appears we are now in a ‘last hurrah’ environment typical of bubbles.

Hong Kong’s violent protests aren’t the greatest threat to its economy. Global conditions are
The View | Forget the mask ban. Beijing can solve Hong Kong’s protests by letting a governor run the city

Taking a hard line won’t work, yet doing nothing is not an option. Why not amend the Basic Law, perhaps jointly with the UK, to bring in a tried-and-tested fix? A governor can rebalance the local vested interests and focus on improving people’s welfare.

11 Oct 2019 - 12:06PM

Taking a hard line won’t work, yet doing nothing is not an option. Why not amend the Basic Law, perhaps jointly with the UK, to bring in a tried-and-tested fix? A governor can rebalance the local vested interests and focus on improving people’s welfare.

Forget the mask ban. Beijing can solve Hong Kong’s protests by letting a governor run the city
The View | Hong Kong protests have an easy solution: spread the wealth, end social discontent

The civil unrest has hit the economy, but not yet where it really hurts: in finance and logistics. However, this is a certainty if the city loses its special trade status. With the wealth gap the source of much youth anger, it’s time to spend on the future.

4 Oct 2019 - 6:04AM

The civil unrest has hit the economy, but not yet where it really hurts: in finance and logistics. However, this is a certainty if the city loses its special trade status. With the wealth gap the source of much youth anger, it’s time to spend on the future.

Hong Kong protests have an easy solution: spread the wealth, end social discontent
The View | Yes, Hong Kong’s police have made mistakes but they have also shown commendable restraint - imagine what would have happened otherwise

Many of the police tactics have been inadvisable but officers are still Hongkongers who want to do what is right for their city. The police had a difficult relationship with the public even before the protests and a rethink of community relations is needed.

19 Sep 2019 - 10:21PM

Many of the police tactics have been inadvisable but officers are still Hongkongers who want to do what is right for their city. The police had a difficult relationship with the public even before the protests and a rethink of community relations is needed.

Yes, Hong Kong’s police have made mistakes but they have also shown commendable restraint - imagine what would have happened otherwise
The View | What was behind the Hong Kong stock market rise ahead of Carrie Lam’s withdrawal of the extradition bill?

Many hours before Carrie Lam appeared on TV, and well before reports that the bill’s withdrawal was imminent, the Hang Seng Index had begun to rise. Did anyone trade on the information before the mainstream press reported it? It would have been magical for the market to go up on no news.

12 Sep 2019 - 10:25PM

Many hours before Carrie Lam appeared on TV, and well before reports that the bill’s withdrawal was imminent, the Hang Seng Index had begun to rise. Did anyone trade on the information before the mainstream press reported it? It would have been magical for the market to go up on no news.

What was behind the Hong Kong stock market rise ahead of Carrie Lam’s withdrawal of the extradition bill?
Why other Chinese cities are not yet ready to ‘surpass’ Hong Kong

Banking veteran and opinion columnist Richard Harris says that with other Chinese cities on the mainland not ready to take up the US$1.2 trillion role of Hong Kong, Beijing cannot afford to destroy Hong Kong’s commercial freedoms.

6 Sep 2019 - 7:27PM

Banking veteran and opinion columnist Richard Harris says that with other Chinese cities on the mainland not ready to take up the US$1.2 trillion role of Hong Kong, Beijing cannot afford to destroy Hong Kong’s commercial freedoms.

Why other Chinese cities are not yet ready to ‘surpass’ Hong Kong
The View | Good news for Hong Kong in leaked Carrie Lam tape: a solution to the unrest is at hand

The tape proved that Lam and Beijing are both keen to see ‘one country, two systems’ thrive, but it must work both ways. For a return to peaceful prosperity, all Hong Kong needs is for Lam to swallow her pride and her financial officials to loosen the purse strings.

5 Sep 2019 - 2:26PM

The tape proved that Lam and Beijing are both keen to see ‘one country, two systems’ thrive, but it must work both ways. For a return to peaceful prosperity, all Hong Kong needs is for Lam to swallow her pride and her financial officials to loosen the purse strings.

Good news for Hong Kong in leaked Carrie Lam tape: a solution to the unrest is at hand
The View | Hong Kong is irreplaceable for China. That’s why the PLA hasn’t rolled in yet

Hong Kong is still China’s critical gateway to multinational money. Chinese banks, now worth US$1.2 trillion, hold overseas assets concentrated in Hong Kong. China simply can’t afford to destroy Hong Kong’s commercial freedoms.

30 Aug 2019 - 9:04AM

Hong Kong is still China’s critical gateway to multinational money. Chinese banks, now worth US$1.2 trillion, hold overseas assets concentrated in Hong Kong. China simply can’t afford to destroy Hong Kong’s commercial freedoms.

Hong Kong is irreplaceable for China. That’s why the PLA hasn’t rolled in yet
The View | Why powerful China must pick its battles: boom-time Japan offers a cautionary tale

A resurgent China and its army of internet patriots are making sure multinationals toe the line. But the loss of goodwill could come at great cost when there are other, more important, battles to be fought. Such as the trade war.

23 Aug 2019 - 10:58AM

A resurgent China and its army of internet patriots are making sure multinationals toe the line. But the loss of goodwill could come at great cost when there are other, more important, battles to be fought. Such as the trade war.

Why powerful China must pick its battles: boom-time Japan offers a cautionary tale
Can community leaders step in for Hong Kong’s broken government?

Banking veteran and opinion columnist Richard Harris explains who should come to Hong Kong’s rescue, as the city enters a tenth consecutive week of protests with no sign of the “leaderless” anti-government movement’s momentum slowing down.

20 Aug 2019 - 2:35PM

Banking veteran and opinion columnist Richard Harris explains who should come to Hong Kong’s rescue, as the city enters a tenth consecutive week of protests with no sign of the “leaderless” anti-government movement’s momentum slowing down.

Can community leaders step in for Hong Kong’s broken government?
The View | How Carrie Lam could end the Hong Kong turmoil in a single speech – with an amnesty for protesters and police, an independent inquiry and more social welfare

Whenever the chief executive appears in public, her speeches show no sign of having learned anything from events thus far. This is especially frustrating as the government could quickly end the protests, even without conceding to all demands.

15 Aug 2019 - 10:15PM

Whenever the chief executive appears in public, her speeches show no sign of having learned anything from events thus far. This is especially frustrating as the government could quickly end the protests, even without conceding to all demands.

How Carrie Lam could end the Hong Kong turmoil in a single speech – with an amnesty for protesters and police, an independent inquiry and more social welfare
The View | Hong Kong’s government is broken. The city needs its community leaders to step into the breach

We’re on our own. It’s time for respected figures across the community, from faith groups, universities, business and legal professions and politics to provide a bridge between the government and protesters to rescue the city.

13 Aug 2019 - 10:17AM

We’re on our own. It’s time for respected figures across the community, from faith groups, universities, business and legal professions and politics to provide a bridge between the government and protesters to rescue the city.

Hong Kong’s government is broken. The city needs its community leaders to step into the breach
Five ways to kick-start Hong Kong’s protest-stressed economy

Banking veteran and opinion columnist Richard Harris explains why he thinks Hong Kong should spend money to get back on its feet after weeks of protests. 

20 Aug 2019 - 2:28PM

Banking veteran and opinion columnist Richard Harris explains why he thinks Hong Kong should spend money to get back on its feet after weeks of protests. 

Five ways to kick-start Hong Kong’s protest-stressed economy
The View | Hong Kong is going through the five stages of grief, before acceptance of fate as a part of China

When acceptance comes of the city’s fate as a part of the mainland system, it won’t be a victory for Beijing, nor the Hong Kong government or its people or battered police. Perhaps only the triads will emerge unbruised.

1 Aug 2019 - 10:20PM

When acceptance comes of the city’s fate as a part of the mainland system, it won’t be a victory for Beijing, nor the Hong Kong government or its people or battered police. Perhaps only the triads will emerge unbruised.

Hong Kong is going through the five stages of grief, before acceptance of fate as a part of China
The View | Spend money where it’s needed to get Hong Kong back on its feet

Non-protesters getting roughed up while the police failed to act is the biggest blow to confidence in Hong Kong in decades. Heads should roll, the extradition bill must be withdrawn and reserves spent on worthwhile services.

25 Jul 2019 - 10:33PM

Non-protesters getting roughed up while the police failed to act is the biggest blow to confidence in Hong Kong in decades. Heads should roll, the extradition bill must be withdrawn and reserves spent on worthwhile services.

Spend money where it’s needed to get Hong Kong back on its feet
Macroscope | Hong Kong can address growing economic anxiety by tackling forced retirement and age discrimination

Some people’s skills decline well before 60, but some much after, and many have transferable skills. Hong Kong’s ageing trends and inadequate pension schemes mean its present forced retirement scheme can’t last.

19 Jul 2019 - 5:34AM

Some people’s skills decline well before 60, but some much after, and many have transferable skills. Hong Kong’s ageing trends and inadequate pension schemes mean its present forced retirement scheme can’t last.

Hong Kong can address growing economic anxiety by tackling forced retirement and age discrimination
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.

20 Aug 2019 - 1:59PM

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. 

20 Aug 2019 - 1:57PM

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