HONG KONG Nov 22 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
-- Hong Kong-based businessman Richard Li, chairman of PCCW
Ltd, has no intention of selling the assets in Hong
Kong, Macau and Thailand he bought last month for $2.1 billion,
and rather plans to build a "pan-Asian insurance platform", Li's
spokesman said. ()
-- New World Development Co Ltd, which has
generated more than HK$5 billion ($645.12 million) from property
sales since July, does not plan to change its timetable for
property sales despite the impact of the new buyer's stamp duty
on demand from those who are not permanent residents, said
executive director and joint general manager Adrian Cheng. ()
-- Property agent CBRE is to expand into capital market
advisory services in the Asia-Pacific region as mainland
outbound investment becomes a major component of global capital
flows, according to Rob Blain, chief executive and chairman of
CBRE Asia Pacific. ()
-- City Telecom (HK) Ltd remains confident of
obtaining a licence to operate a free-to-air television channel
and has no plans to lay off staff, said chairman Ricky Wong. ()
HONG KONG ECONOMIC JOURNAL
-- The Real Estate Developers Association of Hong Kong
(REDA) aims to finalise a proposal on Thursday to advise the
government on relaxing the newly launched property curb
measures, said executive committee chairman Stewart Leung.
-- Chinese property developer C C Land Holdings Ltd
said it had acquired three premium sites in Chongqing
and Chengdu for about 2.84 billion yuan ($455.84 million).
WEN WEI PO
-- China International Marine Containers (Group) Co Ltd
(CIMC) said it had obtained the approval from China
Securities Regulatory Commission to list its H shares, to be
converted from B shares, on the Hong Kong stock exchange. The
company will join a listing hearing on Thursday.
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