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HONG KONG, Sept 1 Asia Pulse - Highlights of today's newspapers:
THE STANDARD:
- ``The worst is over,'' Jockey Club chief executive Lawrence Wong declared yesterday after the new racing season started with a 16 per cent increase in turnover.
- High-end retail and mid-tariff hotel stocks are expected to be the beneficiaries of the influx of mainland independent tourists, analysts said.
- Not all retailers are feeling the benefits of the influx of mainland independent tourists.
- Accounting firm Grant Thornton expects the Growth Enterprise Market (GEM) to grow steadily on the back of the rising capital demand from mainland companies.