Press Digest: Hong Kong - Nov 10

Lai Sun Development

10/11/2014 02:43

HONG KONG, Nov 10 (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  
    -- The mainland is struggling with a horrid pollution 
problem but the crisis may provide new opportunities in green 
bonds issued in yuan, according to Credit Agricole, the world's 
largest green bond arranger. (http://bit.ly/1xpOYoK) 
    -- The "Singles Day" promotions of Alibaba Group Holding's 
 BABA.N  Taobao and other e-commerce giants have boosted express 
parcel volumes this month, but also opened a loophole for tax 
avoidance that presents a challenge to customs authorities in 
the region. (http://bit.ly/1xzI6mY) 
    -- Landlords in the prime districts of Central and Admiralty 
are being urged by Italian brands to offer short-term rent cuts 
as foot traffic has been hit by the prolonged Occupy Central 
protests, according to Fabio De Rosa, the president of the 
Italian Chamber of Commerce. (http://bit.ly/1ynOSw2) 
  
     
    THE STANDARD 
    -- Chinese President Xi Jinping's apparent support for Hong 
Kong Chief Executive Leung Chun-ying puts the next move in the 
political impasse firmly in the court of students, said a 
political analyst. City University's James Sung Lap-kung said 
that by praising the Hong Kong government's response to Occupy 
Central, Xi had sent a clear message to Leung's opponents. (http://bit.ly/1tZ01V3) 
    -- Many foreign investors are worried about the unrest 
caused by Occupy Central, said Trade Development Council 
Chairman Jack So Chak-kwong, warning it may have a significant 
impact on the economy if it continues. So said there were no 
substantial indications of withdrawal of foreign investment 
since Occupy Central began. (http://bit.ly/1xpVoUP) 
    -- Hong Kong has asked Beijing for expanded quotas to invest 
in China, receiving a "positive response," Financial Secretary 
John Tsang Chun-wah said, as all 270 billion yuan ($44.10 
billion) had basically been allotted to Hong Kong's 79 
institutional investors as of Sept. 30. (http://bit.ly/1EtF4ov) 
         
    HONG KONG ECONOMIC TIMES 
    -- Lai Sun Garment International  0191.HK  and Lai Sun 
Development  0488.HK  said they would buy an office property in 
the financial district of the City of London for HK$1.32 billion 
 ($170.28 million)  
     
    For Chinese newspapers, see............... PRESS/CN    
(1 US dollar = 6.1225 Chinese yuan) 
(1 US dollar = 7.7521 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/