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PRESS DIGEST - Hong Kong - Nov 9

Mon Nov 9, 2009 8:07am IST
 
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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 (NYX.N: Quote, Profile, Research)(NYX.PA: Quote, Profile, Research), 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 (1361.HK: Quote, Profile, Research) plans to open 200 new stores in 2010 to expand its children's sports apparel and footwear market, said Ding Wuhao, executive director.

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