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HONG KONG, July 1 Asia Pulse - Highlights of today's newspapers:
SOUTH CHINA MORNING POST:
- The government has pledged to pay more attention to views from the middle class, the chief secretary said yesterday.
- Four men painted as the key figures in Hong Kong's biggest money-laundering operation, alleged to have processed more than million a day, walked free last night after a High Court jury acquitted them.
- The stock exchange is considering introducing a "circuit breaker" system to control trading volatility, in an attempt to make the market less vulnerable to speculative attack and panic selling.
THE STANDARD:
- The Hong Kong stock exchange may adopt a system that will automatically halt trading in shares in a bid to avert panic selling, Hong Kong Exchanges and Clearing (HKEx) chief executive Paul Chow said yesterday.
Source: HighBeam Research, HONG KONG NEWSPAPER HIGHLIGHTS - JULY 1, 2004.