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Asia Pulp & Paper Co. has reportedly entered the bidding for a stake in Vinda International Holdings Ltd., a Hong Kong-listed tissue maker. The Indonesian pulp producer has submitted a preliminary proposal to buy Vinda stock from its majority owner, Essity AB, at a price of over HK$20 per share. APP already sells tissues in China under various brands. Other potential suitors may also emerge, and there is no certainty that APP will proceed with a binding bid. Vinda owns one of China's top tissue brands and also produces products for feminine care, baby care, and incontinence. [Extracted from the article]

(Bloomberg) -- Chinese question-and-answer website Zhihu Inc., which went public in the U.S. in March this year, is said to be considering another initial public offering in Hong Kong, local media the Paper reported Saturday. Zhihu told the Paper an ownership change is standard practice for Chinese companies that list overseas, and the major shareholders and their stakes in the company are unchanged. [Extracted from the article]

Relates author's revisit to Hong Kong and his attempts to keep the memories intact and unchanged. Pursuit of the ferry the same way he did in the 1960s; Reliving; Visit to old friend and tailor George Chen; Paper patterns as symbols of constancy in author's lifetime of constant change.

The article reports that the London Stock Exchange is likely to gain its first paper company after Bilt Paper of India chose the exchange over Hong Kong and Singapore for its initial public offering (IPO) worth more than 330 million U.S. dollars. Bilt Paper aims to gain access to sector specialists in Europe and emerging market investors in Great Britain. The company is owned by listed Indian group Ballarpur Industries and private equity investors Lathe Investment.

(Bloomberg) -- China replaced the head of its top agency overseeing Hong Kong, in the latest shakeup after months of anti-government protests in the Asian financial hub. Zhang Xiaoming will be replaced as director of the Hong Kong & Macau Affairs Office by top national political adviser Xia Baolong, China's State Council said in a statement Thursday. [Extracted from the article]

Xia Baolong, 67, the vice chairman of the Chinese People's Political Consultative Conference, will replace Zhang Xiaoming as director of the Hong Kong & Macau Affairs Office, the State Council said Thursday. "The reshuffling at this interesting moment may point to a deep distrust from Xi Jinping toward the former faction dealing with Hong Kong affairs", said Sonny Lo, a Hong Kong-based academic and political commentator. [Extracted from the article]

Prices closed at 51.23 yuan a metric ton at the end of trading Friday, with 4.1 million tons of trades conducted, according to the official WeChat account of the carbon market. Keywords: 386@HK; 836@HK; 857@HK; VRSK; ALTNRG; ASIA; BASIC; BUSINESS; CHINA; CHM; CLIMATE; CMD; COS; ELC; EUROPE; GOV; HK; INDUSTRIES; MARKETS; NRG; OIL; UTI; WORLD EN 386@HK 836@HK 857@HK VRSK ALTNRG ASIA BASIC BUSINESS CHINA CHM CLIMATE CMD COS ELC EUROPE GOV HK INDUSTRIES MARKETS NRG OIL UTI WORLD China's national carbon market opened with a flurry of trades that sent prices surging, yet it'll be years before the system helps the top polluting nation curb its emissions. [Extracted from the article]

The article reports that China Sunshine Paper Holdings Co. Ltd. has been listed on the Main Board of The Stock Exchange of Hong Kong Ltd. in Hong Kong, China on November 29, 2007. According to the report, the global offering of Sunshine Paper comprises 100 million shares, wherein 90 million shares will initially be offered to professional, institutional and other investors through international placing, while the remaining 10 million shares will initially be offered to the public.

Presents several photographs of the fire rituals by Daoists and Buddhists in Hong Kong, China. Information on the religious aspects of fire and smoke; Materials used in fire rituals; Purpose of burning a paper house.

The article reports on the plan of Hong Kong, China-based paper and packaging producer Lee & Man Paper Manufacturing Ltd. (LMPM) to build a containerboard mill in Vietnam. LMPM will use proceeds from an issuance of shares, which is expected to raise $187 million. The company aims to start the new operation in the last quarter of 2008 or the first quarter of 2009.

The article reports that preparations for initial public offerings (IPOs) in Hong Kong, China have continued strongly all summer, with sellers undeterred by the anxieties that have haunted debt and equity traders around the world. There are currently 10 IPOs, either in marketing or premarketing, expected to raise nearly $6 billion. The Hang Seng Property index is up about a third in 2007, as investors have clambered aboard stocks that are being propelled by China's rapid economic growth and urbanisation.

Announces the decision of Hong Kong, China to issue new bank notes.

The article reports on the developments in the operation of German firm KfW, including plans to raise 70-75 billion euros in 2013. According to the company's head of capital markets, Horst Seissinger, they expect higher interest in their bond issuances in 2013. Seissiner said that they will still focus on Asian currencies, particularly on Hong Kong and Singapore dollars.

The article reports on the plan of Lee & Man Paper Manufacturing Ltd. to commission PM 15 and PM 16 paper machines in Hong Kong, China in 2009. It states that PM 16 will create recycled containerboard and PM 15 will make 400,000 tons per year of kraft linerboard. It claims that the production capacity of the company will total to 180,000 tons of pulp and 5.45 million tons of paper.

The article focuses on the Hong Kong's most profitable newspaper "The South China Morning Post." Publisher of an English-language daily with a circulation of just 110,000 in a city that's 97% Chinese, South China Morning Post (Holdings) Ltd. earned $68 million--after taxes--on $118 million in revenues in the fiscal year 1992. In late 1986 to early 1987, the owners sold the paper to Media Tycoon Rupert Murdoch's News Corp. Ltd. In buying the Post, Murdoch saw something that escaped the sellers: a tight labor market and a surging middle class of Chinese job-hoppers who eagerly pored over the Post's classified help-wanted advertisements. Since Murdoch acquired the Post, classified lineage has nearly trebled and rates have been almost doubled. Such large employers as Hongkong Bank and Cathay Pacific are virtually permanent job advertisers.

The article provides information on the Fourth ACM International Conference on Web Search and Data Mining (WSDM 2011) from February 9-12, 2011 in Hong Kong, China. Participants are encouraged to engage in the fundamental and theoretical research on Web search and Web data mining and the practical applications of this industry. All the accepted papers from 42 institutions were divided into the areas of Web search, Web data mining, and Social Web search and mining.

Discusses Britain's Cable and Wireless (C&W) February 29, 2000 sale of a stake in Hong Kong telecommunications carrier C&W HKT to Richard Li. Li's stake in Internet company PCCW and plan to provide broadband Internet access by cable or satellite in Asia; Singapore Telecom's negotiations with C&W.

A recent systematic review and meta-analysis conducted by researchers from the Department of Pathology in Hong Kong, China, aimed to investigate the association between red meat intake and colorectal cancer among East-Asians. The study analyzed data from five studies involving 48,158 participants and found no significant association between red meat intake and colorectal cancer risks in East-Asians from China, Japan, and South Korea. However, the researchers cautioned that the limited number of included papers and the lack of adjustments for confounders warrant cautious interpretations of the results. This research has been peer-reviewed and published in the Journal of Gastrointestinal and Liver Diseases. [Extracted from the article]

Reports on the conflict between Hong Kong media magnates Li Ka-Shing and Jimmy Lai Chee Ying. Criticisms by Lai Chee Ying's `Apple Daily' of the government; Advertising withdrawals and boycotts by local companies; Antagonism of Li's Oriental Press Group against Democrats.

Reports on apprehensions by Hong Kong journalists about self-censorship. China's meddling in the island's independent reporting; Dismissal of `Eastern Express' editor Steve Vines; Economics of newspaper publishing; Sale of `South China Morning Post' to Malaysian tycoon Robert Kuok.

This article profiles Oei Hong Leong and his Hong Kong, China-based publicly traded investment vehicle China Strategic Investment Ltd. (CSI), which has committed to spend about $300 million on the mainly domestic consumer-good factories. Oei has used connections and his considerable charm to buy controlling interests in nearly 200 former state-run factories in China since early 1992. Last year CSI simultaneously purchased a majority stake in all 41 state- run factories in Quanzhou from the local government, and took control of more than 30 plants in Ningbo, a deep-water port near Shanghai. Early this year Oei's firm snapped up 101 state-owned factories in the northeast port city of Dalian. Production capacity of CSI's pulp and paper plant in Ningbo was raised from 36,000 tons to 50,000 tons after the process was adjusted by experts brought in from Indonesia.

(Bloomberg) -- China has arrested two overseas nationals for their alleged involvement in Hong Kong's protest movement, state newspaper Southern Daily reported, citing information from the national security agency. Taiwan citizen Lee Meng-chu and Lee Henley Hu Xiang of Belize were arrested by the national security authorities in the southern Guangdong province, the local paper said in two reports published Saturday. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; HK; INDUSTRIES; MARKETS; MKTTOP; STK; STKTOP; SVC; TOP; WORLD; WWTOP; WWTOPAS EN ALLTOP ASIA BUSINESS CHINA COS HK INDUSTRIES MARKETS MKTTOP STK STKTOP SVC TOP WORLD WWTOP WWTOPAS RH7QKTT1UM0Y Hong Kong's Hang Seng Tech Index climbed as much as 2.1% on Friday before paring gains to close 0.8% higher as it capped its biggest weekly gain in over a month. China regulators have instructed major accounting firms to prepare to bring audit work papers of US-listed Chinese companies to Hong Kong, where they can be reviewed by US officials, according to a person who asked not to be identified as the discussions are private. [Extracted from the article]

The article reports on the stock shares of Nine Dragons Paper Ltd. that fell in Hong Kong, China trading after the company issued a statement to shareholders warning of a substantial reduction in profits. Shares of the company have declined 24% in 2009, compared with an 8% slide in the benchmark Hang Seng Index. Profit has dropped 9.7% because of higher costs for raw materials, including recovered paper, coal and chemicals.

The article reports on new listings in the in Hong Kong, China bond market. Aoyuan Corp. has secured approval from the Hong Kong stock exchange to launch an initial public offering (IPO) through Credit Suisse. Deutsche Bank and Lehman Brothers have the mandate for the IPO of software and online gaming company Kingsoft. ICEA has the mandate for the IPO of Shandong Qunxing Paper, China's leading decorative paper maker.

The article assesses Hong Kong's proposed changes to corporate governance rules in relation to mainland China companies which form the foundation of Hong Kong Exchanges and Clearing (HKEx), the city's securities and derivatives market regulator. It notes that HKEx released a public consultation paper in December 2010 following a review of its Code on Corporate Governance Practices and amendments to the Rules Governing the Listing of Securities. It details the rules aimed at finding a balance between maintaining international standards and China's rules.

The article reports that Nine Dragons Paper Industries company (NDPI) is planning to raise its initial public offering (IPO) in Hong Kong, China. NDPI plans to use the proceeds of the IPO to expand its operations because the container board industry in China is undersupplied by 2 million metric tons a year. The company-operations of NDPI are detailed.

Reports on the success and popularity of the newspaper "Apple Daily" in Hong Kong, China owned by entrepreneur Jimmy Lai. Refusal of investors to support Lai because he has already angered Beijing for his article about Premier Li Peng; Details about the establishment of the paper; Success of the business and the paper.

(Bloomberg) -- China may further relax its border restrictions with Hong Kong, including shortening mandatory hotel quarantine for arrivals from the city, the South China Morning Post reported. The current seven-day hotel quarantine period for travelers from Hong Kong could be cut to four days by the end of the year because the incubation period for most Covid variants is about three days, the paper cited veteran politician Tam Yiu-chung as saying. [Extracted from the article]

The article discusses new initial public offering (IPO) listings in the Hong Kong market, as of May 1, 2016, that helped Hong Kong maintain its position as the largest IPO fundraising hub in the world. Topics discussed include Hong Kong IPO of China Zheshang Bank and its significance on China's banking system development, Hong Kong IPO of Bank of Tianjin, and 10-year bonds of Industrial Credit and Investment Corporation of India (ICICI) Bank.

Keywords: 1107@HK; 119@HK; 1628@HK; 2202@HK; 2777@HK; 3333@HK; 3383@HK; 3883@HK; 688@HK; 813@HK; ALLTOP; ASIA; BON; BUSINESS; CHINA; COS; CST; FIN; FRX; GLOBALMACR; HK; INDUSTRIAL; INDUSTRIES; MARKETS; NORTHAM; REL; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS EN 1107@HK 119@HK 1628@HK 2202@HK 2777@HK 3333@HK 3383@HK 3883@HK 688@HK 813@HK ALLTOP ASIA BON BUSINESS CHINA COS CST FIN FRX GLOBALMACR HK INDUSTRIAL INDUSTRIES MARKETS NORTHAM REL TOP US WORLD WWTOP WWTOPAM WWTOPAS (Bloomberg) -- There's growing evidence that China is encouraging state-owned property developers to take market share from stressed rivals to limit the spread of contagion from the debt-stricken industry. Shares of real estate firms rebounded in afternoon trade, with Shimao Group Holdings Ltd. seeing a record one-day gain of 19%. [Extracted from the article]

(Bloomberg) -- The Chinese government is drafting a plan to replace Hong Kong's Carrie Lam with an "interim" chief executive, Financial Times reports, citing unidentified people briefed on the deliberations. Lam's successor would be installed by March, covering the remainder of Lam's term should Chinese President Xi Jinping decides to carry out the plan, the paper cited the people as saying. [Extracted from the article]

At the same time, Hong Kong authorities have said it's not clear what metrics would convince mainland officials to allow freer travel to China. (Bloomberg) -- Hong Kong is in advanced discussions with Chinese officials about potentially reopening their shared border, according to local media reports, as the former British colony pushes to overcome the mainland's hesitancy to revive travel crucial to the city's economy. [Extracted from the article]

(Bloomberg) -- Hong Kong is in advanced discussions with Chinese officials about reopening their shared border, local media reports, a major breakthrough on reviving travel exchanges crucial to the Asian financial hub's economy. At the same time, Hong Kong authorities have been unable to spell out clear targets mainland officials want the former British colony to meet to restart travel to China, which is now tackling virus outbreaks across the nation. [Extracted from the article]

This article discusses the growth of the textile industry in the British colony of Hong Kong in the 1960s. It attributes the growth to the colony's exports of garments to U.S. companies, the rising number of tourists arriving and the influx of workers from China. It expects the trend to continue to contribute to the development of Hong Kong economy. The article warns about the possible impact of textile quotas on the industry.

The article focuses on restaurants, stores, and other small businesses, known as "yellow businesses," that support the anti-government protests in Hong Kong, China, as of August 10, 2020. The author explains how they have have been impacted by new national security laws and the pandemic caused by the coronavirus COVID-19.

Focuses on Hong Kong Internet tycoon Richard Li and his father, billionaire Li Ka-shing. Attempt of Li to make a bid for Cable & Wireless HKT for his company, Pacific Century CyberWorks Ltd.; Efforts of the Lis to secure a solid claim to the New Economy of Asia; Basis of CyberWorks' stock value despite a lack of operating revenues and profits.

The article examines the events at South China Morning Post (SCMP) which worsened Hong Kong journalists' outlook over the deterioration of press freedom under Chief Executive Donald Tsang's administration. SCMP editor-in-chief Wang Xiangwei is presented to have reduced the story about the death of Chinese dissident, Li Wangyang, into a brief while other papers covered it in greater detail. Senior sub-editor Alex Price is cited to have circulated the Email exchange between himself and Wang.

The article discusses a case involving the principals of the Pacific Commodity Exchange (PCE) in Hong Kong, China who took 1.8 million U.S. dollars in option premiums when they left the colony, which illustrates how risky trading commodity options can be. The PCE was founded at a time when Chinese and European investors were looking for new investment opportunities following the disastrous decline of the colony's stock exchanges in early 1973. The link between the PCE case in Hong Kong and the Puts & Calls Inc. case in California is also described.

The article reports on the plans of Nine Dragons Paper Industries company to sell its shares to business tycoons Lee Shau-kee, Cheng Yu-tung, and Robert Kuok in its initial public offering (IPO) in Hong Kong, China. The three tycoons have expressed their commitments to invest in Nine Dragons share and agreed not to dispose their shares several months after IPO.

(Bloomberg) -- Dozens of people in Hong Kong rallied in the city and emulated some of the protests erupting in China in opposition to the nation's Covid Zero policy. China continues to implement its Covid Zero policies to stamp out the virus, which include shutting down some shopping malls in Beijing as the capital city has emerged as one hot spot in the country's latest outbreak. [Extracted from the article]

The article reveals that Glorious Property Holdings is heading for an initial public offering (IPO) of up to $800 million in Hong Kong, China. The deal comes despite falling stock indices in Asia, despite the recent weak listing debuts for many Chinese IPOs in Hong Kong and despite a 17% first day slump in debutant Shangdong Chenming Paper. The Hong Kong IPO market is a vital source of capital for the Chinese property sector, which finds it difficult to obtain credit due to tight restrictions on banks on the mainland.

The article compares the costs of making a fur coat in the U.S. to that in Hong Kong, China. In the U.S., a mink coat uses about 46 skins costing $50 each, or $2,300 while labor costs average $1,200, for a total of $3,500. A good Hong Kong mink coat uses only 40 skins at $50 each, or $2,000, plus $280 for labor, $7 per skin or $2,280. Add the 6.9% U.S. duty, or $157, plus $30 for shipping. This will finally cost $2,467. On a dollar-per-dollar basis, the coats made in Hong Kong are not that much more expensive. Fur imports have expanded the business but fine coats will still be made here.

The article reports on the hexing business in Causeway Bay, Hongkong called da siu yun in Cantonese which when translated means hitting villains. It provides an overview of the ceremony, the auspicious period for hitting villains and the regions most hexed political leader. It also evaluates the villain hitting mobile app popular among the youth and provides step by step instructions on how to cast an appropriate spell.

Hong Kong Trackers (1:45 p.m. HK) Hong Kong plans to use more than 100,000 electronic wristbands to monitor Covid-19 patients who are isolating at home, according to local media, who cited the technology minister. (Bloomberg) -- The Covid-19 response team leader of China's National Health Commission arrives in Hong Kong Monday as the city reports a record number of infections and a rising death count, straining its health infrastructure and morgues. [Extracted from the article]

Abstract: It is generally agreed that respiratory disease is closely related to ambient air quality and weather conditions. Besides, hygiene related factors such as the public health measures by the government and possible personal awareness in the community can also affect the spread of infectious respiratory diseases. However, there is no quantitative support for this conclusion, because of lack of quality data. The severe acute respiratory syndrome (or SARS) outbreak in 2003 triggered strict public health measures and personal awareness in the prevention of infectious respiratory diseases, providing us an opportunity to quantify the impact of hygiene related factors in the spread of the disease. In this paper, we model the number of the respiratory illnesses by a semiparametric model which models the environmental and weather impacts using a multiple index model and the impact of other public health measures and possible personal awareness using a growth curve with jump. Using data from Hong Kong, we found that public health measures contributed to about 39% of reduction in the number of respiratory illnesses during the SARS period. However, the impact of hygienically related factors eventually fades as time passes. The results provide indirect quantitative support to the usefulness of governmental campaigns to arouse the awareness of the public in staying away from transmission of respiratory diseases during the full outbreak of the disease. The results also show the fast fading of alertness of Hong Kong people towards the epidemic. Furthermore, our model also offers a way to model the impacts of environmental factors on respiratory diseases, when the data contains the effect of human intervention, by introducing the change point and growth curve to remove such an effect. [Copyright &y& Elsevier]

The article focuses on the doubt of former central banker Joseph Yam Chi-kwong concerning the the peg between Hong Kong and U.S. dollars. It says that the peg introduced by Yam in 1983 is set at 7.8 Hong Kong, China dollars to one dollar. It adds that Yam has admitted in his paper that his suggestion can impact the market given his past positions and extensive involvement in monetary affairs.