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New | PRESS DIGEST - Top stories in Hong Kong and Mainland China newspapers on January 29

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Hong Kong news stand showing a variety of both English and Chinese language dailies. Photo: Reuters

These are the leading stories in Hong Kong and mainland newspapers and websites on Thursday. The South China Morning Post has not verified these stories.

Chinese Premier Li Ke-qiang has suggested a few capital intensive companies to go overseas, part of the country’s broader strategy to be internationally competitive. The top official highlighted industries in railway, nuclear energy, and constructive materials to take the lead in the “go aboard” programme. (China Securities Journal)

Mainland Chinese brokers expected the country’s credit condition will be slightly loosened, with an average projection of 1 trillion yuan this year. (China Securities Journal)

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China’s 26 provincial governments have lowered their GDP targets this year, before the annual two meetings by the legislative body and advisory body in Beijing which will take place on March 5 this year. (Shanghai Securities Journal)

The Singapore’s central bank unexpectedly eased monetary policy on Wednesday, becoming the latest central bank to use easing to spur growth. (Hong Kong Economic Times)

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Shares of iPhone giant Apple jumped 8 per cent after the technology giant reported the largest income of any public company in history in the three months to December. (Hong Kong Economic Journal)

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