PRESS DIGEST - Hong Kong - March 9
HONG KONG, March 9 (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
-- Violent scuffles broke out between police and protesters at an anti-parallel trader rally in Hong Kong's Tuen Mun on Sunday, with over 100 people venting their anger at Chief Executive Leung Chun-ying for failing to make changes to the mainland visitor policy. (http://bit.ly/1AU2iPY)
-- Up Publications, a small independent publishing firm with a pro-democracy background, has accused Sino United Publishing, the biggest publishing conglomerate in the city, of "indirectly murdering the whole publishing industry" by returning hundreds of books after the Occupy protests. (http://bit.ly/1BmNZXG)
THE STANDARD
-- Public coffers will be topped up by HK$45 billion ($5.80 billion) in investment income this year, which is equivalent to 10 percent of total government expenditure, Financial Secretary John Tsang Chun-wah said. (http://bit.ly/1F15JL8)
-- Police are stymied by the disappearance of two diamonds worth HK$26.5 million on the last day of a jewelry fair at the Hong Kong Convention and Exhibition Centre in Wan Chai in the city. A report was made to police on Sunday by an exhibitor who said he found the two diamonds missing when checking the stock at the close of the five-day exhibition. (http://bit.ly/1whH5nw)
-- Student concern groups at five universities want their unions to quit the Hong Kong Federation of Students as they are against directions being set by the federation. The calls came as Lingnan University student union prepares for a referendum from Tuesday to Thursday to decide on quitting or staying with the federation. (http://bit.ly/1Hjva9S)
HONG KONG ECONOMIC JOURNAL
-- The Shenzhen-Hong Kong Stock Connect scheme is expected to debut in the second half of this year, and will include stocks of small and medium-sized enterprises with more new high technology-related firms available for overseas investors, according to Shenzhen Stock Exchange's general manager Song Liping.
-- Property developer CIFI Holdings (Group) Co Ltd said its contracted sales for February amounted to 530 million yuan ($84.64 million), bringing the total for the first two months of the year to 2.03 billion yuan, down 32.8 percent from the same period a year ago.
For Chinese newspapers, see............... ($1 = 7.7569 Hong Kong dollars) ($1 = 6.2620 Chinese yuan renminbi) (Reporting by Donny Kwok; Editing by Sunil Nair)
