ominous outlook
A mainland visitor was sentenced to 16 weeks in jail this week after immigration officials conducted a sting operation in Mong Kok. Apparently the interloper posed a significant threat to Hong Kong's well being, necessitating incarceration rather than deportation. His crime? Setting up a fortune telling service in an outdoor stall, offering glimpses of the future for $100 a pop. The undercover officials caught him red handed, posing as customers before arresting him.
Apparently the government did not like what he had to say.
article of faith
Apparently, pumping deposits worth more than six billion yuan into a finance unit controlled by an unlisted parent firm - without bothering with niceties such as public disclosure or shareholder approval - doesn't bother the mandarins in Hong Kong's finance guild. In a recent poll of analysts and fund managers, Finance Asia discovered that CNOOC was the 'mainland corporation of choice' among those surveyed, winning the top spot for, among other things, corporate governance. 'We are seeing consistent openness of management and investor relations,' the magazine quoted one fund manager as saying.
luncheon meet
