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HONG KONG, Oct 1 Asia Pulse - Highlights of today's newspapers:
SOUTH CHINA MORNING POST:
- Six of HSBC Holdings (SEHK:0005) ' largest institutional shareholders are set to publicly declare their support for a campaign launched by shareholder activist Knight Vinke Asset Management that calls for a management shake-up and strategy review at Europe's largest bank.
- Intensifying competition from hospitality and convention service providers in Macau and Singapore has triggered a wave of renovations across Hong Kong's hotel and exhibition facilities.
- Insider buying surged for the second consecutive week with 48 firms recording 166 acquisitions worth HK$165 million, based on filings with the exchange during the holiday-shortened week from last Monday to Friday.
- Hong Kong's share price growth is likely to slow after last week's bull run as mainland bourses close for a week-long holiday this week, according to dealers.
THE STANDARD:
Source: HighBeam Research, HONG KONG NEWSPAPER HIGHLIGHTS - OCT 1, 2007.