Ripped from the Headlines: Hong Kong News Today

Survivor in distress

While survivors struggle for basic necessities, activists are already concerned that donations to Sichuan earthquake charities will be misdirected. This and other news is making headlines in Hong Kong today.



l   HK: Fraud trial of ex-minister and official begins

-Mak Chai-kwong and Assistant Highways Director Tsang King-man accused of abusing civil service housing allowance with flats swap


l   HK: Hong Kong activists try to block help

-Campaigns launched over fears that corrupt officials will siphon off Sichuan donations


l   HK: Analysts expect big fall in flat prices


l   China: Big buyout firms find size isn’t all in China business


l   China: Military planes drop aid into quake zone


l   China: 100 human cases of H7N9 “undetected”



Sing Tao


l   Prosecutors suspect Mak agreed on approach to giving statements by using a telephone card


l   Labour and Welfare Secretary encourages union members to return to negotiating table


l   Four unused piers may be redeveloped into teahouses


l   Woman who entered false marriage to come to Hong Kong and have a child given prison sentence





l   Initial April HSBC PMI falls to 50.5, below expectations


l   National Development researcher says that the government should scale back property market controls


l   Zhou Xiaochuan says that the economy has entered a stable growth period


l   S&P: China will pay a price for its economic stimulus





l   Xi Jinping meets with the Chairman of the US Joint Chiefs of Staff


l   104 cases of H7N9 nationally

-Internet rumor that KFC chicken raising site worker has the virus is false


l   Industry as a whole grew by 9.5 percent in the first-quarter


l   Shanghai and Shenzhen stock indices fall sharply due to below-expectation economic data


l   FX reserves rise for four straight months and hot money pressure rises due to quantitative easing


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