PRESS DIGEST - Hong Kong - Nov 9 - News

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PRESS DIGEST - Hong Kong - Nov 9

By: AFX | 08 Nov 2009 | 09:52 PM ET

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HONG KONG, Nov 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 -- Chongqing-based Longfor Property Group aims to raise up to HK$7.1 billion (US$916 million) in a listing on the Hong Kong stock exchange on Nov.

19. The developer has already received US$197.5 million in subscriptions from five cornerstone investors. -- About 400 harbour conservationists staged a protest on Sunday against further reclamation and the government's plan of building high rises on the new waterfront. HONG KONG ECONOMIC JOURNAL -- Futong Technology Development, one of the top three distributors of IBM servers and software in China, is looking to tap the market in December and raise HK$100 million (US$12.9 million), sources said. HONG KONG ECONOMIC TIMES -- NYSE Euronext, parent of the New York Stock Exchange, has expressed strong interest in a China listing as the country prepares to allow for such listings, according to Ronald Keng, NYSE Euronext's executive vice president. -- Chinese sportswear retailer 361 Degree International plans to open 200 new stores in 2010 to expand its children's sports apparel and footwear market, said Ding Wuhao, executive director. WEN WAI PO -- Chinese property developer Poly (Hong Kong) Investments said its contracted sales for the first 10 months of 2009 amounted to 7 billion yuan (US$1.03 billion) and the total gross floor area sold was 1.1 million square meters. For Chinese newspapers, see............... For Taiwan newspapers, see............ ($1=6.826 Yuan) Keywords: HONGKONG PRESS COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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