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HONG KONG NEWSPAPER HIGHLIGHTS - JULY 1, 2004.

AsiaPulse News

| July 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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.

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Source: HighBeam Research, HONG KONG NEWSPAPER HIGHLIGHTS - JULY 1, 2004.

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