PRESS DIGEST - Hong Kong - Dec 20
HONG KONG Dec 20 (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
-- Apple Inc has started monitoring weekly data on the working hours of more than one million employees in its production supply chain which is largely located in China. ()
-- The Hong Kong Monetary Authority has sounded another warning about the risk of runaway home prices to the economy, which also faces a poor short-term outlook because of weak foreign demand. ()
-- ZTE Corp will step up efforts in 2013 to expand adoption of time-division long-term evolution (TD-LTE) technology, the high-speed 4G mobile standard backed by Beijing, with new network build-outs targeted on the mainland and in key international markets. ()
-- COSCO Shipping Co Ltd is seeking to expand a pool of specialist semi-submersible vessels by adding ships from mainland Chinese or foreign shipping companies, a senior executive said. ()
HONG KONG ECONOMIC JOURNAL
-- Xiwang Sugar Holdings Co Ltd issued a profit warning, saying there could be a possible loss for the year ended December.
-- Imperial Kennedy, developed by Sun Hung Kai Properties in Sai Wan, is to be put on sale. The price per square foot is set to be HK$30,000 ($3,900), about 80 percent higher than prices of properties in the same area.
HONG KONG ECONOMIC TIMES
-- China United Network Communications Ltd attracted 3.26 million new users of its 3G services in November, the highest for a single month this year.
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