Asia Centric by Bloomberg Intelligence cover image

Asia Centric by Bloomberg Intelligence

Latest episodes

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Dec 8, 2023 • 23min

Why Singapore Has Become a Family Office Hotspot

Family offices -- they’re the secretive, go-anywhere asset managers that quietly steward fortunes for the ultra-rich. In Asia, Singapore has emerged as the new family office hot spot, wooing captains of industry, crypto whales, and Chinese billionaires with low taxes, favorable regulations, a business-friendly environment, and safety and security. The island has become home to more than 1,100 family offices, which manage more than $4 trillion in assets. Why is Singapore such a draw for the world’s billionaires? Is the growth sustainable? And what are the risks? Venture capitalist and family office CEO Sharon Sim joins co-hosts John Lee and Tom Corbett for a look under the hood at this insular but fast-growing corner of the high net-worth world.See omnystudio.com/listener for privacy information.
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Nov 24, 2023 • 26min

Mark Mobius Likes 'The United States of India'

India has emerged as the hot, new growth opportunity for global investors. It's the world’s most populous country, and largest democracy. It’s home to a demographic swath of 600 million people younger than 30, and a booming economy growing by 7-8% a year. India’s energy and opportunity have made it a magnet for foreign capital, leaving many convinced that the highest-quality growth is yet to come. But is India's growth story the real deal? Is it at a tipping point too promising to ignore? Or is it just a diversification play for investors seeking to hedge their stakes in China? Veteran emerging markets investor Mark Mobius, founder of Mobius Capital Partners, talks to Asia Centric’s John Lee and Tom Corbett from Chennai, and he reveals why he’s excited enough about India to make a big bet on its economic future.See omnystudio.com/listener for privacy information.
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Nov 14, 2023 • 28min

Global Real Estate Is Far From Falling Off a Cliff

Global real estate investors have been navigating a treacherous path, with many wondering where the markets will go next. In Hong Kong, interest rates have crushed home prices, sending some mortgages under water while its once jam-packed commercial real estate market struggles to fill space. When might the real estate winds shift? Will rates carry property values higher or lower? Where are the risks and opportunities? And is it really different this time? Veteran Hong Kong property consultant Peter Churchouse of Portwood Capital and senior property analyst Patrick Wong share their insights with co-hosts John Lee and Tom Corbett on Asia Centric from Bloomberg Intelligence.See omnystudio.com/listener for privacy information.
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Oct 27, 2023 • 20min

Are Weight-Loss Drugs The Real Deal?

So-called weight-loss drugs are generating waves of hope and hype. Names such as Wegovy, Ozempic and Mounjaro fall breathlessly from the lips of social media influencers, bringing promise and possibility to the one billion people the World Health Organization says suffer from obesity.Investors are already buying in, sending the market caps of Novo Nordisk and Eli Lilly soaring into the ranks of the world’s most valuable companies. Are these obesity drugs a fat-fighting panacea? Could they make junk food cravings a thing of the past? What’s their sales potential in Asia? Can makers of salty snacks lean in to a potential shift in eating habits? Bloomberg Intelligence healthcare analysts Michael Shah and Leslie Yang join hosts John Lee and Tom Corbett to discuss whether these so-called "wonder drugs" can live up to their hype.See omnystudio.com/listener for privacy information.
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Oct 18, 2023 • 27min

China's Shopping Apps Are Shaking Up Global Retail

Chinese shopping apps Shein and Temu are disrupting the global retail industry by offering bargain prices and attracting overseas consumers. The podcast explores whether Shein could be the future of fast-fashion retail and if Temu has the potential to challenge Amazon. It also discusses the rise of Chinese shopping apps in the global market, their competitive advantages, and their popularity on social media platforms. The hosts conclude with a discussion on online shopping giants in China and introduce an ad segment promoting innovative projects and Orlando as a hub of innovation.
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Sep 29, 2023 • 27min

Huawei’s Surprise Chip Raises Stakes in Tech Clash

Huawei's new smartphone powered by a China-made processor reveals China's tech advancement. The US-China relationship and its impact on Apple's investment stake in China are discussed. The importance of semiconductors for Huawei and China's progress in closing the technology gap are explored. The release of Apple's iPhone 15 and its features are highlighted. Leading Asian chip companies and challenges they face are discussed. The shift in Apple's production and its geopolitical impact are analyzed.
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Sep 15, 2023 • 24min

Hong Kong’s ‘Mainlandization’ Remaking World City

Hong Kong’s niche as a social and economic crossroads has framed its legend for decades. Now, a new generation of eager, young professionals from mainland China is rushing to Hong Kong to pursue similar dreams, filling the gap left behind by the city’s dwindling ranks of western expats. Their presence signals a seismic shift toward the city’s “mainlandization” and heralds the emergence of a compelling new chapter in Hong Kong’s history. What’s driving this watershed change? What will it mean for Hong Kong’s economy? Its job market? Its business prospects? Mark Tibbatts of PageGroup, and Francis Chan and Peter Lau of Bloomberg Intelligence join hosts John Lee and Tom Corbett for a glimpse into Hong Kong’s future, and what it means for the world.See omnystudio.com/listener for privacy information.
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Sep 1, 2023 • 27min

China’s Turmoil May Be Milder Than It Looks

China's economic challenges including a property crisis, high debt, and youth unemployment are discussed. The podcast explores China's role in the global economy, its roadmap to steer out of economic turmoil, and its reluctance to provide direct household stimulus. The decision to withhold youth unemployment figures raises questions about transparency. The speakers assess optimism about China's economy and introduce Bloomberg New Economy Catalysts.
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Aug 21, 2023 • 31min

Country Garden on the Brink

Country Garden was once considered a leader among China's property developers. Now, a missed bond payment has turned it into the latest poster child for all that's wrong with the country's housing market.  Developers saddled with too much debt, not enough cash, faltering sales, nervous buyers and anxious creditors all add up to a renewed crisis of confidence. The ripple effect could reverberate beyond China's borders, bearing strong echoes of the crisis that engulfed its rival, Evergrande, in 2021. Can China's property crisis get much worse? Who's most at risk? What will it take to turn it around? Bloomberg Intelligence senior analysts Kristy Hung and Daniel Fan join hosts John Lee and Tom Corbett for a compelling look at how Country Garden stumbled, and what it means for China's housing market and its broader economy.See omnystudio.com/listener for privacy information.
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Aug 10, 2023 • 27min

K-POP to AI, Asia's ETFs Don't Miss a Beat

Asia's ETF industry continues to shake up the investment landscape, attracting $65 billion in inflows so far in 2023 to an impressive $1.3 trillion in assets under management. Asia's retail investors are giddy about artificial intelligence, but other themes such as K-Pop and the Metaverse give Asia's ETFs an entertaining twist with a dash of FOMO. Rebecca Sin, senior ETF analyst at Bloomberg Intelligence joins hosts John Lee and Tom Corbett to discuss all things ETFs, including her take about the new opportunities they create for investors.See omnystudio.com/listener for privacy information.

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