Online Class Notes (Tibo)

we hasn’t updated it -> we haven’t updated it (yet)

He said HK might have the same internet control as China. / he said the internet censorship may soon extend to HK

too many uncertain -> too many uncertainties

it depends how the internal parties of the government evolves. there are a lot of undertable fighting between different beliefs. -> it depends how the fight between factions within the government evolve , there are a lot of behind the scenes fighting between different beliefs

Some support free market and some want more control.

Our economist anticipated the covid policy may be lenient after march next year. -> Our economist anticipated the covid policy may become more lenient after March next year.

if the elite cannot be safe no matter how good the economy is in the future it is none of their business./ it doesn’t matter to them

These days they are trying to sell another product. They said if our investors want to invest in the Chinese stocks we can invest from the Chinese parent company and later if they earn money we will pay them / transfer back to them.

Some investment bank in the opposite of the sea -> on the other side of the sea

We are on the 28th floor and the company above us… my boss mentioned an investment bank might be bankrupt these days. -> might go bankrupt/go under.

They mentioned the current situation is worse than 2007
we might have some human redundancies in our company / some jobs might get axed / cut.
We belong to one department in the company.
If the boss… he is the most dangerous one to be cut off -> he is the most likely to be made redundant/ our boss is a prime target for job cut and if he goes we all need to find another direction.

I am at risk, if we have to find a new job I don’t think I am as competitive.
I am thinking to try to study the CFA. -> I am thinking about getting the CFA certification

When I joined Mont Blanc it was 2010 and the Chinese government started anti corruption activities / the anti corruption campaign and later I joined BV and the creative director had reached his lowest time

-> I joined at the peak and it only went downhill from there

so the company was unstable and recently I just transferred and you told me currently it is even worse than 2007.
He mentioned it is more about the timing for the age of people like us. -> for our generation

Vocabulary

hold your horses : don’t go too fast / stay cool
I love how enthusiastic you are about the deal but hold your horses they haven’t signed yet

generation (n) people in one age group
Our generation went through 2 financial crises

certification (n) Things which prove your abilities
I decided to get the CFA which is one of the most recognized financial certifications

certificate (n) the actual document
The company asked me to show them my CFA certificate

to axe (v) dismiss suddenly (job)
The company had to axe 200 jobs to balance their cash flows.

to be in debt : to have debt
Tom is heavily in debt

under the table (adj) : not officially declared  / corruption related
We had an under the table deal, I brought him customers and he paid me back 10%

contagion (n) infection / spreading of a disease
If Credit Suisse collapse there is a contagion risk for the economy

peg (n) a point or limit on an exchange rate
There is a peg between the HKD and the USD

pegged (adj)
The HKD is pegged to the USD