PRESS DIGEST - Hong Kong - March 13

HONG KONG, March 13 (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.

HONG KONG ECONOMIC TIMES

-- The grey market share price of China Railway Construction Corp was 18 percent higher than the IPO final price. The stock is set to debut in Hong Kong today along with the issuance of 43 related warrants. Some volatility is expected in its first day.

APPLE DAILY

-- A European fund by Cater Allen International accumulated shares in Standard Chartered (2888.HK: Quote, Profile, Research, Stock Buzz) (STAN.L: Quote, Profile, Research, Stock Buzz) last Friday to a total holding of 3.33 percent. The disclosure was made, but the fund quickly offloaded shares in the banking group to 0.96 percent, compared with 2.48 percent before the Friday purchase.

SING TAO DAILY

-- The share price of Hong Kong-listed Fubon Bank rose more than 7 percent after the Taiwanese government announced it would allow subsidiary entities of Taiwan banks to hold 20 percent or less of shares in any mainland bank.

SOUTH CHINA MORNING POST

-- Ningbo Port Group, which is seeking a dual listing in Hong Kong and on the mainland this year, will set aside 30 billion yuan for expansion over the next three to five years.