Wires

PRESS DIGEST - Hong Kong - Oct 9

HONG KONG, Oct 9 (Reuters) - These are some of the leadingstories in Hong Kong newspapers on Tuesday. Reuters has notverified these stories and does not vouch for their accuracy.

SOUTH CHINA MORNING POST

-- Hong Kong Chief Executive Leung Chun-ying said thecontroversial guidelines for national education will be shelved,but not scrapped outright. ()

-- HSBC quietly laid off a number ofinvestment bankers in Hong Kong on Monday. People familiar withthe matter said the bank had targeted a handful ofmiddle-ranking executives in areas that the bank no longerconsiders a business focus. ()

-- The High Court granted HSBC aninjunction to stop Occupy Central protesters from returning tothe plaza under its headquarters in Central. The action followstwo nights of confrontations at the premises.

HONG KONG ECONOMIC JOURNAL

-- Dato' Tajuddin Atan, the chief executive officer andexecutive director of Bursa Malaysia Berhad, said he will visitHong Kong with his team in November to meet institutionalinvestors.

HONG KONG ECONOMIC TIMES

-- Cosmetic and beauty products retailer Sa Sa InternationalHoldings Ltd said sales at its retail business in HongKong and Macau for the seven-day period of the National DayGolden Week (Oct 1-7) achieved a year-on-year rise of 19.5percent, with a same-store-sales growth of 12.4 percent comparedwith the corresponding period in 2011.

THE STANDARD

-- PCCW chairman Richard Li has become the frontrunner in bidding for ING's Hong Kong insurancebusiness with reports saying he is willing to double his offerto HK$15.6 billion ($2.01 billion).

SING TAO DAILY

-- Hong Kong Exchanges and Clearing has appointedDavid Graham to be its first chief regulatory officer,responsible to oversee the listing division and other compliancefunctions. Graham will join HKEx in January and succeed currentHead of Listing Mark Dickens, when he retires in July 2013.

TA KUNG PAO

-- Guangzhou R&F Properties Ltd said contractsales for September totalled about 2.5 billion yuan ($397.63million), down 17 percent from a year earlier, while contractsales for the first nine months amounted to 22.3 billion yuan.

For Chinese newspapers, see...............($1 = 7.7523 Hong Kong dollars)($1 = 6.2872 Chinese yuan)

(Reporting by Twinnie Siu; Editing by Jijo Jacob)

((+852 2843 6441))

Keywords: PRESS DIGEST HONGKONG/