
Some readers have commented at the apparent decline in coverage of Hong Kong's illegal parking scandal. The scandal being that despite large notices telling drivers not to park in certain areas or risk prosecution, little is done by the authorities to show they are serious about stopping it. So it continues, blocking traffic, causing inconvenience to people trying to use pick-up areas for their intended purpose and so on. This half-hearted approach is obviously condoned by senior police officers or else the force would take a more proactive approach in dealing with it. Having spoken to some police officers informally about this, some privately agree that this softly softly approach encourages low level law breaking.
Today's picture shows a Mercedes-Benz which we are reliably told blocked this space next to the tram line in Happy Valley for at least 90 minutes, if not longer last Friday lunchtime. It successfully prevented private cars and taxis from dropping people off or picking them up, and so these other vehicles had to stop in the main road, blocking the rest of the traffic.
Those following Huadian Power International may be surprised to see that the value of its turnover rocketed to HK$3.68 billion. This exceeds by a considerable margin the range of the past 17 trading days which fluctuated between HK$13 million to HK$141 million a day. So what prompted yesterday's surge? A new deal? Some new technology for producing electricity on the cheap? No such luck. The stock exchange announced that a broker had crossed 620,000 shares at a price of HK$5,860 per share which differs significantly from the market price of the stock at the time of about HK$4.38. It must have been a very fat finger to cause that error.
