Adjournment bid in case involving ex-Semtech director A court hearing involving the convicted former company director of listed Semtech International Holdings, accused of offering bribes in return for the promotion of his company's shares, was adjourned until today. Appearing before the District Court yesterday, Derek Wong Chong-kwong and co-defendants Earnest Leung Chi-wah and Yung Ka-tim were charged with offering advantages to agents. Clive Grossman SC, representing Wong, applied for an adjournment. The court heard, that Wong, who on June 16, 2006, received a three-year sentence in connection with a case of conspiring to pervert the course of justice, was appealing. Mr Grossman also said key prosecution witness Becky Wong Pui-see's evidence also may be challenged. Judge Colin Mackintosh will give his decision today on the adjournment application. Property confidence in HK remains high Confidence among Hong Kong homeowners in the residential property market remains high even though Polytechnic University's quarterly BRE Confidence Index for Residential Property dipped three points in the first quarter of the year to 703 from December. Survey results show that residential property prices are expected to rise marginally in the second quarter of the year with an average price change of 3.7 per cent in the coming three months. The index ranges from zero for no confidence to 1,000 for complete confidence. A reading of 500 means a neutral view. The government also forecasts total completions of private flats at 12,737 for this year. Zhengzhou visit for chief executive Chief Executive Donald Tsang Yam-kuen leaves for Zhengzhou , Henan , tomorrow to attend Expo Central China 2007. He will attend the opening ceremony and deliver a speech at the Central China Business Summit. Mr Tsang will be accompanied by his private secretary Jessie Ting Yip Yin-mei, Secretary for Commerce, Industry and Technology Joseph Wong Wing-ping and information co-ordinator Andy Ho On-tat. Mr Tsang returns home on Sunday.