HONG KONG Feb 6 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
-- The Hong Kong government is trying to complete two urban
public housing projects ahead of schedule so that total
production in the next five years can be raised to 79,000 from
-- China's Huawei Technologies and Microsoft
have stepped up their expansion in Africa by jointly
introducing a low-cost smartphone that runs on the new Windows
Phone 8 operating system. The "Huawei 4Africa" smartphone will
be available later this month in seven countries, include Egypt,
Kenya and South Africa. ()
SING TAO DAILY
-- Hong Kong's housing chief Anthony Cheung refused to
comment on rumors that the government is about to roll out more
property market curbs ahead of the Lunar New Year holidays, but
emphasized the government will decisively act if the volatility
in the property market impacts the stability of the banking and
-- Chinese Estates Holdings Ltd <0127.HK) is splashing out
HK$2.34 billion ($301.77 million) to buy into the massive share
sale of China Petroleum and Chemical Corp
(Sinopec) . The developer will be among the
ten investors, with some existing stakeholders having bought
shares in the deal, people familiar with the transaction said.
WEN WEI PO
-- China-based Beijing Capital Land Ltd said it
has acquired a piece of commercial land in Chongqing for 795
million yuan ($127.62 million).
TA KUNG PAO
-- Guangzhou-based Yuexiu Property Co Ltd said
contract sales for January jumped 17.89 times from a year
earlier to 2.88 billion yuan.
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