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PRESS DIGEST - Hong Kong - Nov 26

Sun Nov 25, 2007 8:25pm EST
 
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HONG KONG, Nov 26 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

HONG KONG ECONOMIC TIMES

- At least 14 new candidates are lined up for public listings before Christmas this year. They aim to raise HK$34 billion combined.

- A mainland TV survey has found that 70 percent of investors incurred losses despite the bullish market.

- The number of applications in the investor category for immigration has doubled in the first 10 months compared with the same period last year. Together these new immigrants bring in HK$11 billion.

APPLE DAILY

- Bank of China Hong Kong (2388.HK: Quote, Profile, Research, Stock Buzz) has increased the interest rate on new home loans for properties below HK$1.5 million to prime-minus 2.9 percent.

MING PAO DAILY NEWS

- Telecoms firm PCCW (0008.HK: Quote, Profile, Research, Stock Buzz) said it will issue a one-month pay bonus to its employees in a bid to reduce turnover rates and some of them will even receive an extra month's salary based on work performance.  Continued...

 

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