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Bets are off on talk of Macau visit curbs
News that Beijing may bring into force restrictions on visits to Macau and that credit card spending will be capped over concerns of capital flight drove down gambling stocks yesterday. Victor Cheung 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123843&sid=36850459&con_type=1&archive_d_str=20120627
HK's new breed of big spenders
The 271,000 high-income post 70s and 80s group has a median monthly income of 33,000 - which is three times higher than the general workforce. Natalie Ngan 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123842&sid=36848256&con_type=1&archive_d_str=20120627
Price rises on menu at Cafe de Coral
Cafe de Coral Holdings (0341) plans to raise prices on its menu board by another 3-4 percent in the next 12 months as it continues to battle inflation. Natallie Cai 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123841&sid=36846680&con_type=1&archive_d_str=20120627
Ex-mistress can keep property 'gifts'
The mistress of a tycoon dubbed the "Shoe King" who had an affair with a "Mr Hong Kong" was allowed to keep two of the four properties her wealthy lover gifted to her. Phila Siu 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123840&sid=36849914&con_type=3&archive_d_str=20120627
Green light at last for Hopewell tower
A hotel and commercial project by Hopewell Holdings (0054) that became a lightning rod for public criticism over height and traffic concerns, delaying its progress for nearly two decades, is to finally get off the ground. Natallie Cai 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=1&art_id=123839&sid=36847880&con_type=1&archive_d_str=20120627
Longfor spends 1.7b yuan on first southern foray
Longfor Properties (0960) bought three land plots in Fujian province, marking its first foray into southern China. 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=1&art_id=123838&sid=36848540&con_type=1&archive_d_str=20120627
Investors cast doubt on euro summit
Stocks were little changed yesterday, while the euro fell to a two- week low against the US dollar on investors' doubts that European leaders would make meaningful progress on the debt crisis at a summit this week. 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=5&art_id=123837&sid=36852539&con_type=1&archive_d_str=20120627
PLA skydivers land for handover bash
Paratroopers from the PLA are planning to drop in on handover celebrations. And to prepare for the show, members of the 8-1 Parachute Brigade of the People's Liberation Army held a rehearsal at San Wai Barracks in Fan Ling yesterday. 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=21&art_id=123836&sid=36848097&con_type=1&archive_d_str=20120627
Writ filed to bar club from shooting range
Legal action has been taken by the government to evict the Hong Kong Rifle Association from an 8,400-square-meter site in Lai Chi Kok where it keeps a shooting range. Winnie Chong 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=123835&sid=36851436&con_type=1&archive_d_str=20120627
Forget friends in high places, top rents worry us
Personal connections with those of influence - or guanxi - is one of the concerns troubling young professionals working in Beijing. Candy Chan 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=123834&sid=36846253&con_type=1&archive_d_str=20120627
Exco roles on cards for trio
Pro-Beijing lawmakers Regina Ip Lau Suk-yee and Starry Lee Wai-king, along with ex-MTR boss Chow Chung-kong, are set to join the Executive Council, a source told The Standard. Phila Siu 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123833&sid=36848334&con_type=1&archive_d_str=20120627
Tsang, Leung slated to meet Hu in Beijing
Donald Tsang Yam-kuen meets a state leader today - with successor Leung Chun-ying alongside him - in an arrangement that political analysts say puts pressure on the outgoing chief executive to make sure the transition will be smooth. Eddie Luk 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123832&sid=36846955&con_type=3&archive_d_str=20120627
Cops to set press, protest zones
Police have revamped their arrangements and given the media "more freedom" to cover President Hu Jintao's visit to Hong Kong. Eddie Luk and Roy Chan 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=123831&sid=36848242&con_type=1&archive_d_str=20120627
Mortgage borrowing hits high
The average mortgage drawn down reached an all-time high of HK$2.57 million as home prices reached new highs. 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=1&art_id=123830&sid=36849328&con_type=1&archive_d_str=20120627
Shanghai woes no surprise
In the past two years, several of Hong Kong's famous stock commentators have predicted the bull market will return to Shanghai A shares. 6/27/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=5&art_id=123829&sid=36849176&con_type=1&archive_d_str=20120627
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