Press Digest: Hong Kong - Oct 9

Cafe De Coral Holdings

09/10/2015 02:55

HONG KONG, Oct 9 (Reuters) - These are some of the leading 
stories in Hong Kong newspapers on Friday. Reuters has not 
verified these stories and does not vouch for their accuracy.   
         
    SOUTH CHINA MORNING POST  
    - Hong Kong will join the global motor racing world next 
year by hosting a leg of the Formula E Championship, bringing 
high-speed electric car racing to the streets of the city. The 
Hong Kong ePrix will be held on Oct. 9 on a 2.2km harbourfront 
street circuit in Central. An official announcement will be made 
on Friday. (http://bit.ly/1Op73vE) 
    - "Golden week" holiday brought no relief to the city's 
retail sector with tourist numbers up marginally on last year 
and spending-per-head down. Secretary for Commerce and Economic 
Development Greg So said arrivals just climbed 1.5 percent 
year-on-year, of which the number of mainland visitors were 2.3 
percent more than last year. (http://bit.ly/1JVP0H8) 
  
 
    THE STANDARD 
    - Over half the 1,046 respondents in a recent poll believed 
the media practices self-censorship - the highest level since 
1997 - and is hesitant to criticize the central and Hong Kong 
government. According to a University of Hong Kong Public 
Opinion Programme poll from Sept. 24 to 30, 55 percent believed 
the Hong Kong news media have practiced self-censorship, against 
28 percent who said they did not. (http://bit.ly/1LpZ7VI) 
    - Forty percent of financial decision makers at local 
mid-sized firms see cash flow management as the greatest 
obstacle to growth for the upcoming year, a survey by American 
Express has found. About 28 percent of those polled are worried 
about government regulation, as 76 percent firms have direct 
business with the mainland, the survey found. (http://bit.ly/1Lq07ZO) 
         
    HONG KONG ECONOMIC JOURNAL  
    - Fast-food chain Cafe de Coral  0341.HK  will speed up its 
expansion taking advantage of declining rents, and aims to 
achieve its goal of opening 30 new restaurants in Hong Kong this 
year, said chief executive officer Sunny Lo. 
  
    For Chinese newspapers, see............... PRESS/CN    
 
 (Reporting by Donny Kwok; Editing by Sunil Nair) 
 ((donny.kwok@thomsonreuters.com)(+852 2843 6470)(Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: PRESS DIGEST HONGKONG/