HONG KONG Dec 12 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
-- National Australia Bank chief economist Alan
Oster forecasts there will be big growth in Chinese investment
in Australian agriculture over the next few years as Beijing
seeks to avoid rising domestic food prices. ()
-- Lenovo Group benefited from robust sales on the
mainland to seize a 7 percent share of the world market for
"smart connected devices", behind leaders Samsung Electronics Co
Ltd and Apple Inc. ()
-- Port Everglades, on the US east coast, is considering
plans to appoint a trade representative in the Pearl River Delta
to boost cargo volumes between the region and southern Florida.
HONG KONG ECONOMIC JOURNAL
-- Electric companies in Hong Kong have raised prices for
next year, with an average 5.9 percent increase by the CLP
Holdings and a 2.9 percent rise by the Hongkong
Electric Co Ltd.
-- Sun Min, wife of Mo Feng, a shareholder and non-executive
director of the Hong Kong Mercantile Exchange, was accused of
insider trading by Hong Kong's Market Misconduct Tribunal in the
purchase of shares of China Huiyuan Juice Group in
-- China Lerthai Commercial Real Estate Group bought a 61.96
percent stake in Chi Cheung Investment Co Ltd from
Chinese Estates Holdings Ltd.
-- Lu Zhifeng, chairman of Guangzhou-based Yuexiu Property
, said the mainland property market will improve in the
second half of next year.
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