PRESS DIGEST - Hong Kong - March 26

Mon Mar 25, 2013 10:14pm EDT
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HONG KONG, March 26 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.


-- Henderson Land Development Co said it planned to launch 10 projects for sale. Together with the remaining unsold units from the major developments, a total of about 2.27 million square feet of space will be ready for sale this year. ()

-- Manulife Hong Kong plans to hire 400 more agents in the city this year and aims to increase its sales of investment-linked products, given investors' growing appetite for equities, said Chief Executive Michael Huddart. ()

-- Chongqing Rural Commercial Bank Co Ltd expects the impact of interest rate liberalisation to be smaller on Chongqing Rural, as the lender has a greater focus on small to medium-sized enterprises, said vice-president Sui Jun. ()


-- Mainland developers Greentown China Holdings Ltd is targeting contracted sales of about 55 billion yuan ($8.86 billion) for this year, and hopes its profit can maintain a double-digit growth, the company said.   Continued...