PRESS DIGEST - Hong Kong - June 30

HONG KONG, June 30 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

SOUTH CHINA MORNING POST

-- China's Taobao, owned by the country's largest e-commerce company Alibaba Group, unveiled a 100 million yuan ($14.71 million) joint venture on Tuesday with Wasu Media Internet, a subsidiary of Wasu Digital Television Media Group, to run a new online platform that could make it the country's largest online retailer of digital content.

-- Six people were killed and nine injured, including a Hong Kong man, when all 11 cabins on a popular amusement park ride in Shenzhen turned upside down on Tuesday, according to the Shenzhen government.

HONG KONG ECONOMIC TIMES

-- Fast food chain operator Cafe de Coral (0341.HK) will raise prices at its fast food branches by at least 5 percent this year on the back of a rise in costs of labour and ingredients, Chairman Michael Chan said.

WEN WEI PO

-- A subsidiary of China Railway Construction Corp (1186.HK)(601186.SS) has successfully bid for two pieces of land in Guangzhou for a total of about 1.3 billion yuan.

For Chinese newspapers, see...............[PRESS/CN]

For Taiwan newspapers, see.[PRESS/TW] (Reporting by Twinnie Siu; Editing by Chris Lewis)