Press Digest: Hong Kong - Sept 25

Kerry Properties

25/09/2014 03:01

HONG KONG, Sept 25 (Reuters) - These are some of the leading 
stories in Hong Kong newspapers on Thursday. Reuters has not 
verified these stories and does not vouch for their accuracy.   
         
    SOUTH CHINA MORNING POST  
    -- Guangdong health authorities said the dengue outbreak 
centred in Guangzhou, one of the worst in 20 years, would be 
under control in two to three weeks with stronger eradication 
measures. In a special meeting with officials from Guangdong, 
Guangzhou and Foshan on Tuesday, provincial Communist Party 
secretary Hu Chunhua ordered local governments to spare no 
effort to combat the disease's spread. (http://bit.ly/1upVAU7) 
    -- Dealers in the mainland's grey market for smartphones 
said they lost heavily by betting on Apple's  AAPL.O  new iPhone 
6. They blamed an abundant supply from Hong Kong and other 
overseas sources for bringing down prices. (http://bit.ly/1rkWUUH) 
    -- Henderson Land Development  0012.HK  patriarch Lee 
Shau-kee said he is "gradually retiring" as he presses ahead 
with more charitable projects, including a youth hostel in Hong 
Kong. Lee does not have a timetable for stepping down. (http://bit.ly/ZNUc0G) 
     
    THE STANDARD 
    -- Six plots will be put up for tender in the fourth quarter 
to address growing home demand. Those, together with sites of 
MTRC  0066.HK  and the Urban Renewal Authority, could lead to up 
to 6,700 units being built if the biddings go well, the 
government said. (http://bit.ly/1v1cnM2) 
    -- Kerry Properties  0683.HK  has sold 160 units at The 
Summa, its Mid-Levels West development, generating HK$3.4 
billion. The firm vowed to launch similar projects next year to 
meet the demand for luxury flats. (http://bit.ly/1pdKNFA) 
    -- Flat sales in Hong Kong by New World Development 
 0017.HK  soared to a record high of HK$20.6 billion ($2.66 
billion) in the last fiscal year. That is double the initial 
HK$10 billion target for the year to June 30. Joint General 
Manager Adrian Cheng said the target for the current fiscal year 
is HK$11 billion to HK$12 billion. (http://bit.ly/1uq0nF8) 
 
    MING PAO DAILY 
    -- Investment fund SAIF III GP Capital on Sept. 18 sold 105 
million shares of China Huiyuan Juice Group Ltd  1886.HK  for 
HK$350 million, according to a disclosure to the Hong Kong stock 
exchange.     
       
    For Chinese newspapers, see............... PRESS/CN    
(1 US dollar = 7.7514 Hong Kong dollar) 
 
 (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/