Press Digest: Hong Kong - Oct 6

Kerry Properties

06/10/2015 02:48

HONG KONG, Oct 6 (Reuters) - These are some of the leading 
stories in Hong Kong newspapers on Tuesday. Reuters has not 
verified these stories and does not vouch for their accuracy.   
         
    SOUTH CHINA MORNING POST  
    - Cathay Pacific's  0293.HK  green campaign appears to have 
slumped, with the volume of plastic bottles it recycles dropping 
by more than half in the space of three years. In unveiling its 
latest sustainability report, Cathay blamed the falling volume 
of recycled waste on suppliers using lighter materials. (http://bit.ly/1LeQKR8) 
    - University of Hong Kong professors leading a silent march 
on Tuesday to defend institutional autonomy plan to set up a 
"vigilance group" to monitor academic freedom after the 
university's governing council voted to reject Professor 
Johannes Chan's candidacy for a key managerial post amid a 
public outcry. Organiser Professor Timothy O'Leary said the 
rally was to protect academic freedom. (http://bit.ly/1Gtjlg8) 
   
    THE STANDARD 
    - Visiting Politburo member Sun Chunlan, also known as the 
most powerful woman in the Communist Party, met Cheung Kong 
 1113.HK  vice chairman Victor Li, New World  0017.HK  chairman 
Henry Cheng, Henderson Land  0012.HK  vice chairman Peter Lee, 
Sino Group chairman Robert Ng and Kerry Properties  0683.HK  
chairman Robert Kuok at a breakfast. Li denied claims about 
divestment from the mainland. (http://bit.ly/1RrBP71)   
    - Hong Kong builder Hsin Chong Construction  0404.HK  and 
Richfield Realty plan to provide homes for the elderly in Hong 
Kong and across Southeast Asia. Richfield chairman Au Wing-wah 
said the joint venture will look to acquire farmland in the New 
Territories and it is also looking into the elderly care 
business in Shenzhen, Shanghai and Beijing. (http://bit.ly/1OiDWf7) 
  
    - Total retail sales in July and August in Hong Kong slumped 
4.2 percent from a year earlier while watch and jewelry sales 
tumbled 7 percent in the same period, a report from CBRE Hong 
Kong said. The weak retail sentiment is expected to continue, 
hitting prime areas such as Causeway Bay the hardest, according 
to CBRE. (http://bit.ly/1Oh0GdJ) 
            
    HONG KONG ECONOMIC JOURNAL  
    - Henderson Land  0012.HK  is set to offer for sale three 
residential developments involving 436 units in this quarter, 
according to Thomas Lam, senior general manager of sales 
department. 
   
    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/