# Anthony Cheung
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anthony cheung Bing-leung, GBS, JP (Chinese: 張炳良; born 17 November 1952) is a Hong Kong politician and academic. He was the Secretary for Transport and Housing from 2012 to 2017 and 5th President of the Hong Kong Institute of Education (HKIEd). He was one of the few government officials coming from a pro-democracy background.He was a member of the Legislative Council of Hong Kong (Election Committee constituency) and a vice-chairman of the Democratic Party.
Why Nvidia Just Paid $12.9 Billion for Hugging Face | The Business of AI
Nvidia has agreed to acquire Hugging Face for $12.9 billion, paying around 86x revenue for one of the most important platforms in open-source AI.
In this episode of the Market Maker Podcast, Anthony Cheung and Stephen Barnett break down what Hugging Face actually does, why Nvidia wants it, and how…
Is Inflation Coming Back? Why Oil, Food Prices & Interest Rates Are Rising
Oil is back above $100 a barrel, food prices are climbing and central banks are once again facing pressure to raise interest rates. Is the world heading towards a second wave of inflation?
In this episode, Anthony Cheung and Piers Curran explain why the latest inflation threat goes far beyond the …
Investment Banking Interview Prep: The M&A Deals You Need to Know in 2026
Application season is underway, and if you’re targeting investment banking, understanding what’s actually happening in M&A can give you a real advantage in interviews.
In this episode, Anthony Cheung and Stephen Barnett break down the huge resurgence in global dealmaking in 2026, why mega-deals ar…
Why the Fed Is Raising Rates Again | What Happens Next?
The Federal Reserve has raised interest rates for the first time in three years, with Fed Chair Kevin Warsh delivering a unanimous 25 basis point hike as inflation once again becomes the dominant concern for financial markets.
In this episode, Anthony Cheung and Piers Curran break down why the Fed…
Why Private Equity Just Bought HYROX | Oura’s $16B IPO Explained
HYROX has exploded into one of the biggest trends in fitness, and now private equity wants a piece of it. But what exactly makes the business so attractive?
In this episode, Anthony Cheung and Stephen Barnett break down how HYROX makes money, its rapid global expansion and why private equity giant…
Britain’s Debt Problem Is Getting Worse - What Happens Next?
UK government borrowing is surging, bond yields remain elevated and the cost of servicing Britain’s debt is becoming increasingly difficult to ignore. But how serious is the problem and what happens if borrowing costs stay high?
In this episode, Anthony Cheung and Piers Curran break down why Brita…
Oil, Sanctions & SuperTankers: The Deals Driving Global Energy
In this episode, Anthony Cheung and Stephen Barnett explore how geopolitics and soaring energy prices are reshaping some of the biggest deals in global markets.
We look at Nigeria’s $1.6 billion Dangote Petroleum IPO and its ambition to build the world’s largest oil refinery, before unpacking Carl…
What a US Investment Bank MD Really Looks for When Hiring Graduates
What does it actually take to build a successful career in financial markets?
In this episode, Anthony Cheung sits down with Jamie Philip, who began his career trading at a hedge fund before spending nearly 19 years at J.P. Morgan, ultimately becoming Managing Director and Head of EMEA Futures and…
Why UBS Is Threatening to Leave Switzerland
Could UBS really leave Switzerland? In this episode, Anthony Cheung and Stephen Barnett break down the growing dispute between Switzerland’s biggest bank and the government over new capital requirements and why tougher regulation could have major consequences for UBS and its shareholders.
We expla…
Is France Heading for a Financial Crisis?
France is facing mounting pressure. Government debt has climbed above €3.5 trillion, borrowing costs are surging, and political uncertainty ahead of the 2027 presidential election is making investors increasingly nervous.
In this episode, Anthony Cheung and Piers Curran break down why French bond …
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I have no special talent. I am only passionately curious, and
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