Issue: August 28, 2014   (Archive)
Thursday, August 28, 2014   

HKTV license woe `down to change'
A change in administration played a part in Hong Kong Television Network's free-to-air broadcasting license being rejected, the Court of First Instance heard yesterday.

Teen intended to kill both parents, court told
A Yuen Long teenager accused of plotting to kill his parents may learn his fate today, when a Court of First Instance jury retires to consider its verdict after an eight-day trial.

Pan-democrats voice draft fears
The next chief executive might not have the mandate or the commitment to govern Hong Kong, according to Civic Party leader Alan Leong Kah-kit.

Lawmakers get room to maneuver in poll details
How to select members of the 1,200-strong nominating committee for the 2017 chief executive election and introduce more democratic elements in the body will be dealt with during the legislative process in Hong Kong, it emerged last night.

Link prices debut bonds
The Link Real Estate Investment Trust (0823) has priced its inaugural US$500 million (HK$3.9 billion) 10-year notes at a 3.6 percent fixed rate.

China Telecom earnings grow 12pc on data surge
China Telecom (0728) met estimates in posting a 12 percent jump in first-half net profit to 11.4 billion yuan (HK$14.4 billion).

Profit climb for China Life
China Life Insurance (2628), the nation's largest insurer, said profit rose 14 percent in the first half as impairment losses from investments fell.

Robust 21pc rise in Sing Tao net
Sing Tao News Corporation (1105) said net profit for the six months to June 30 climbed 21.2 percent from a year back to HK$30.30 million, thanks to robust media operations despite a slowdown in the local ad market.

Crunch time for Occupy
Occupy Central looks set to kick off, triggered by Beijing's decision to make chief executive hopefuls win more than 50 percent support of nominating committee members to run for office in 2017.

Flat buyers' wings clipped
Potential flat buyers of Sun Hung Kai Properties' The Wings IIIA project in Tseung Kwan O have been warned to look out for a potential deal breaker in the kitchen.

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