Press Digest: Hong Kong - Nov 3

Town Health International Medical

03/11/2014 01:54

Nov 3 (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 indigenous residents of a rural village in the 
northern New Territories have received a quarter of the HK$1 
million ($128,949) they asked from the public coffers to perform 
fung shui and religious rituals for their new homes. Lands 
Department data reveals that the money for performing rituals 
totalled HK$10 million over the past 10 fiscal years. (http://bit.ly/10dtDSo) 
    - Hong Kong Exchanges and Clearing Ltd  0388.HK  will extend 
futures trading hours by 45 minutes from Monday as its rivals in 
Singapore and Japan also innovate to compete for market share 
and attract volume from elsewhere. (http://bit.ly/1DNyvuE) 
    - British restaurant chain Pizza Express plans to more than 
quadruple its outlets in China over the next five years, aiming 
for 100. Richard Hodgson, chief executive of Pizza Express, 
announced the expansion plan in Shanghai last week. (http://bit.ly/1xQfl5d) 
     
    THE STANDARD 
    - Confidence in marriage has remained stable but the number 
of couples seeking a divorce in the past year has doubled, 
according to a survey conducted by Baptist University and 
commissioned by charity group Inspirational Leadership. (http://bit.ly/1wYu6nq) 
  
    - The Hong Kong primary home market in the first 10 months 
of the year recorded its highest transaction amount since data 
was first compiled, with units at new projects sold over the 
weekend regaining their mojo as 93 deals were signed in contrast 
to a quiet secondary market. (http://bit.ly/1wWamlg) 
    - Town Health International Medical Group Ltd  3886.HK  has 
received a massive dose of confidence, with two subsidiaries of 
Taiwan-listed Fubon Financial Holding subscribing to an 11.13 
percent stake. (http://bit.ly/1pgph9c) 
         
    HONG KONG ECONOMIC JOURNAL  
    - HSBC Holdings Plc  HSBA.L   0005.HK  is expected to post a 
year on year increase of 13-29 percent in pre-tax profit for the 
third quarter of the year to $5.1-$5.8 billion, slightly lower 
than the previous quarter, according to brokerages.   
        
    HONG KONG ECONOMIC TIMES 
    - Five major Hong Kong developers, including New World 
Development Co Ltd  0017.HK , Henderson Land Development Co Ltd 
 0012.HK , Sun Hung Kai Properties Ltd  0016.HK , Cheung Kong 
 0001.HK  and Sino Land  0083.HK , sold an aggregate 1,200 flats 
in October, generating HK$13.3 billion ($1.71 billion), up 54 
percent from September. 
   
    For Chinese newspapers, see............... PRESS/CN    
 ($1 = 7.7550 Hong Kong dollar) 
 
 (Compiled by Donny Kwok in Hong Kong; Editing by Anand Basu) 
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: PRESS DIGEST HONGKONG/