Press Digest: Hong Kong - Nov 2

C Cheng Holdings

02/11/2015 01:49

HONG KONG, Nov 2 (Reuters) - These are some of the leading 
stories in Hong Kong newspapers on Monday. Reuters has not 
verified these stories and does not vouch for their accuracy.   
         
    SOUTH CHINA MORNING POST  
    - Mainland China's green bond market could grow up to 
10-fold by 2020 as Beijing is expected to soon roll out 
regulations on its development, and Hong Kong could get in on 
the action as a key international financial centre to tap its 
vast market potential, says Sean Kidney, the chief executive of 
London-based Climate Bonds Initiative. (http://bit.ly/1GHrd3f) 
    - The expansion of Chinese mainland developers who splashed 
out HK$33 billion ($4.3 billion) to buy land over the past two 
years is challenging the dominance of Hong Kong giants in local 
property business. The mainland acquisition accounted for 24.6 
percent of the government land revenue since 2013. UBS said keen 
competition from new players will reduce the competitiveness of 
traditional players. (http://bit.ly/1MB09oz) 
     
    THE STANDARD 
    - The University of Hong Kong's application for an 
injunction to stop the airing of a secretly taped recording of a 
council meeting could jeopardize press freedom, the Hong Kong 
News Executives' Association said, adding they were worried that 
it would affect the free flow of news and information. (http://bit.ly/1RnntnK) 
   
    - An unhealthy lifestyle has been blamed for a 97.5 percent 
increase in prostate cancer cases in 10 years in Hong Kong and a 
54 percent increase in the death rate. According to data from 
the Hong Kong Cancer Registry, prostate cancer is the third 
common cancer among men. (http://bit.ly/1HmdgT2) 
             
    HONG KONG ECONOMIC JOURNAL  
    - Hong Kong saw an increasing risk in property market as 
high property price had been challenging the buying power, while 
slowing economy and potential interest rate hikes were adding 
more uncertainty to the sector, but the government has no plan 
to relax any anti-speculation measures, said Chan Ka-keung, 
Secretary for Financial Services. 
         
    HONG KONG ECONOMIC TIMES 
    - Architectural service provider C Cheng Holdings Ltd 
 1486.HK  said it would buy 80 percent of Cfu Come Ltd for 
HK$20.3 million ($2.6 million). Cfu has developed an application 
providing a platform for users to post request orders for repair 
services or interior renovation through their mobile devices. 
     
    For Chinese newspapers, see............... PRESS/CN    
    ($1 = 7.7500 Hong Kong dollars) 
 
 (Compiled by Donny Kwok; Editing by Gopakumar Warrier) 
 ((donny.kwok@thomsonreuters.com)(+852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: PRESS DIGEST HONGKONG/