PRESS DIGEST -Hong Kong - Dec 29
HONG KONG, Dec 29 (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.
SOUTH CHINA MORNING POST
-- The Environment Bureau is expected to release a 10-year energy-saving roadmap early next year, including an official target to cut buildings' electricity consumption, according to a Hong Kong government source. (http://bit.ly/1JWVmtB)
-- Mainland developer Sunac China announced that HK$6.2 billion had now been returned to it by Greentown chairman Song Weiping following the termination of a property acquisition. (http://bit.ly/1AcOxjc)
THE STANDARD
-- Financial Secretary John Tsang Chun-wah says he has not become an instant optimist and that he is still guided by fiscal prudence and keeping expenditure within the limits of revenue. In his online column, Tsang said his friends suggested that he had become an instant optimist by forecasting budget surpluses for the next four years. (http://bit.ly/1A3frsA)
-- Police are investigating the possibility of a mechanical failure or even criminal intent after HK$15 million was dumped from a money transfer van onto a busy Wan Chai street on Christmas Eve. Of the HK$15 million that fell onto Gloucester Road, police said 41 people had returned HK$6.4 million, with HK$8.66 million still missing. (http://bit.ly/1HTYkeB)
HONG KONG ECONOMIC JOURNAL
-- A record 113 companies listed successfully on the Hong Kong bourse this year, compared with 104 in 2013, market data showed.
-- Oilfield services provider Petro-King Oilfield Services Ltd said it planned to issue rights shares in the proportion of one rights share for every 7 shares held, raising HK$151 million ($19.5 million) to enhance its financial position.
For Chinese newspapers, see............... ($1 = 7.7615 Hong Kong dollars) (Reporting by Donny Kwok; Editing by Anupama Dwivedi)
