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Energy
Size
Micro Cap
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Position in Universe th / 6998

PRESS DIGEST - Hong Kong - Aug 8

Fri 8th August, 2014 2:50am
HONG KONG, Aug 8 (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  
    -- Beijing's "one country, two systems" policy on Hong Kong 
will not change even if universal suffrage cannot be achieved in 
the 2017 chief executive election, according to the central 
government's top representative in the city, Zhang Xiaoming. (http://bit.ly/1kpZmcs) 
    -- Shanghai-based contract chipmaker Semiconductor 
Manufacturing International Corp  0981.HK , which posted its 
ninth consecutive profitable quarter, expects to reap the 
rewards of the central government's new policy to promote its 
industry. (http://bit.ly/1ohIe9C) 
     
    THE STANDARD 
    -- Hong Kong home prices hit a record high in June, rising 1 
percent from their previous peak in May, with most of the 
transactions over the past few months involving small and 
medium-sized units, according to the Rating and Valuation 
Department. (http://bit.ly/1u3u1Q4) 
  
    -- Bright Smart Securities  1428.HK  and Haitong Securities 
International  0665.HK  said the Shanghai-Hong Kong Stock 
Connect would bring significant profit to brokerages, but Quam 
Ltd  0952.HK  said more time will be needed to see the benefits. 
(http://bit.ly/1ov8tDM) 
  
    -- Nagacorp  3918.HK , operator of the NagaWorld casino 
hotel in Cambodia, said its $350 million gaming and resort 
project in Russia will not be operational before 2018. It said 
the number of mainland visitors to Cambodia rose nearly 20 
percent on-year in the first five months to more than 240,000. 
(http://bit.ly/1pZTKlI) 
     
    HONG KONG ECONOMIC JOURNAL  
    -- Cathay Pacific Airways  0293.HK  said it has made a 
strategic investment in U.S. biofuel developer Fulcrum BioEnergy 
Inc  FLCM.O  and the carrier is in talks with the U.S. firm to 
secure supply of 375 million gallons of fuel over a period of 10 
years. 
 
    For Chinese newspapers, see............... PRESS/CN  
 
 (Reporting by Donny Kwok; Editing by Subhranshu Sahu) 
 ((donny.kwok@thomsonreuters.com)(+852 2843 6470)(Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: PRESS DIGEST HONGKONG/
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