PRESS DIGEST - Hong Kong - Sept 8
HONG KONG, Sept 8 |
HONG KONG, Sept 8 (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 industrial output growth was likely to slow to about 10 percent in the second half, constrained by property tightening measures and uncertain export prospects, but a double dip in the economy was unlikely, said Xin Guo-bin, department head of the Ministry of Industry and Information Technology.
HONG KONG ECONOMIC JOURNAL
-- Chinese television maker Skyworth Digital Holdings Ltd (0751.HK) planned to boost sales by cutting up to 10 percent of the price of its LED flat-panel televisions over the next six months, said Chairman and President Zhang Xue-bin.
HONG KONG ECONOMIC TIMES
-- Bank of China (3988.HK)(601988.SS) will launch a 5 billion yuan ($736.4 million) bond on Wednesday, its first yuan bond open to retail investors in 15 months.
MING PAO DAILY NEWS
-- The Hong Kong unit of Bank of China, BOC Hong Kong (Holdings) Ltd (2388.HK), had recorded total yuan deposits in Hong Kong of more than 50 billion yuan ($7.36 billion) in August, an increase of more than 10 billion yuan from a month earlier, sources said.
SING TAO DAILY
-- China Railway Group Ltd (0390.HK)(601390.SS), the country's largest construction and engineering company, said its subsidiary had succeeded in bidding for five major construction projects in the mainland for an aggregate 4.912 billion yuan ($723.4 million).
WEN WEI PO
-- Hong Kong Exchanges and Clearing Ltd (HKEx) (0388.HK) announced that 47 newly listed companies in the first eight months raised a total of HK$150.537 billion ($19.4 billion) through initial public offerings, an rise of 435 percent from a year earlier.
-- Property developer Agile Property Holdings Ltd (3383.HK) said contracted sales in the first eight months totalled 14.1 billion yuan ($2.08 billion), up 33 percent from a year earlier.
TA KUNG PAO
-- Hong Kong would continue to work with the central government on the second phase of yuan-denominated sovereign bonds to be launched soon, Financial Secretary John Tsang said in Beijing.
-- China's Suning Appliance Co (002024.SZ) had acquired a commercial site in Beijing's Chaoyang district for 965 million yuan ($142.1 million) in early September, said marketing manager Min Juan-qing. The site will be used to build its first self-constructed flagship shop.
For Chinese newspapers, see...............[PRESS/CN]
For Taiwan newspapers, see.[PRESS/TW] (Reporting by Twinnie Siu; Editing by Chris Lewis)
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