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HONG KONG NEWSPAPER HIGHLIGHTS - SEPT 3, 2001.

AsiaPulse News

| September 03, 2001 | COPYRIGHT 2001 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, Sept 3 Asia Pulse - Highlights of today's newspapers:

THE SOUTH CHINA MORNING POST

- A battle has broken out for Hong Kong's lucrative public-transport advertising market, with infotainment service provider Mobile Media taking on the MTR Corp and newly listed RoadShow Holdings.

- Thematic television operator Sun Television Cybernetworks Holdings is expecting to break even this year with revenue likely to reach HK$200 million, according to executive chairman Bruno Wu Zheng.

- Free-to-air operator Television Broadcasts is expected to report advertising revenue rising only about 2 per cent, as moribund conditions take their first-half toll.

- Interim profit at Hysan Development is expected to slump more than 50 per cent, year on year, to less than HK$300 million.

- Asian airlines on the Australian route soon must contend with a discount carrier to be launched by Qantas Airways in the middle of next year.

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