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Jan29
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If you had to select one single cause that brings Hong Kong people together, what would it be? Hope of full democracy by 2012? A plunging stock market? South China Morning Post closing its Chinese publishing house? Well, you'll be damned. The number one blog/news story emerging out of Hong Kong as of late yesterday is probably the city's worst sex scandal to date. Since Sunday, photos of some of Hong Kong's most prominent young artistes, including now Edison Chen, Gillian Chung (of Twins fame), Bobo Chan and Cecilia Cheung have surfaced unmercifully on internet forums. Emperor Entertainment Group (EEG), one of Hong Kong's leading record labels and some of the artistes' agent, seek to file lawsuits against those who doctored the pictures, although whether the pictures were in fact doctored is still under dispute. For more, we turn to Day 3 reporting by EastSouthWestNorth and CoolSmurf.
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Jan29
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The $150-200 million "Water Cube," perhaps more of an iconic structure of a futuristic Olympics than a swimming venue, was unveiled early this week in Beijing. The National Aquatics Center, where 42 Olympic swimming events will take place in August,...
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Jan28
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As the Chinese Lunar New Year creeps closer, more and more Hong Kong people are lining up outside the central banks to get brand-new, crisp bank notes for their lai sees, or "money of good luck." In fact, so many...
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One of China's most famous entrepreneurs will be heading back into the pig feed business as China's pork prices soared almost 60% year-on-year. Liu Yonghao, owner of the New Hope Group, will ramp up production of his agricultural products in the...
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Jan25
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As financial junkies continue to worry about the state of the market, a few (brave) Chinese souls have crossed land and sea to open new restaurants in the most dangerous city on earth: Baghdad. In a city that serves nothing...
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Jan24
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"During the week days, I normally jump on the bus near A Guy Nips In and get off at Dirty Lama. At Dirty Lama I change for the MTR and continue to my office, located near Hot Tin Porn. Sometimes...
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"I hope the community will understand that it is impossible to keep breaking records year after year," said Joseph Yam, Chief Executive of the Hong Kong Monetary Authority. At this point in time, with the exception of yesterday and this...
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Jan23
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Since 1984, the Fed decided to cut its benchmark rate between its meetings. Since 1991, the Fed decided to cut its benchmark rate by an unexpected 75 basis points. How will economic woes in America and the alarming rate cut,...
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Jan22
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Following the article I wrote on how huge the internet market has become in China, there is yet another article that explains the "why" behind the "what". That is, why China has become the largest internet user in the world...
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So the equity market is crashing down faster than someone can say "emergency Fed rate cut". So we hear about foreclosures and diminishing portfolio values. So what is there left to invest in?Interestingly, the Hong Kong property market. As liquidity...
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Jan21
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Can be summarized as thus: cooling growth in gross domestic product from competition between overheating prevention measures and increasing overseas sales.Here are some figures:1. Economic growth is increasing at a rate of 11.3% from a year earlier, down from 11.5% in...
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Jan16
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According to the Wall Street Journal, China is on the verge of becoming the world's largest internet market by the number of users. In some figures released by the state-owned China Internet Network Information Center, the number of internet users...
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Jan15
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Who says that you're the only person who didn't "get" Lust, Caution? As Chinese films tap into the Western film markets, Ang Lee's newest controversial film has found itself in the unlikeliest of debates: local Chinese claiming that expatriates fail...
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Jan14
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Looking for a place to stay in Beijing during August may be more than a hassle. Out of the 1.5 million domestic and foreign tourists expected to attend the Olympic Games held in Beijing this summer, there will only be...
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Jan11
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As China and its proximity grows in wealth, the number of millionaire generated is colossal: currently at a rate of 30,000 per year, according to Seeking Alpha. This has created a key opportunity to store and manage capital assets within...
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Jan 9
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In Hong Kong's newest battle against democracy and freedom of speech, the government is out to subdue the illegally operated Citizen's Radio, boradcasted from a small transmitter in Mong Kok "on an unoccupied frequency in the middle of the commercial...
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Jan 8
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Perhaps China's airlines and Singapore Airlines were never meant to be. Even with the state government sanctioning the takeover and a very strategically posed partnership between China Eastern and Singapore Airlines, Singapore's bid for its Chinese counterpart was rejected thanks to...
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Jan 7
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Here are some of the nominees for the biggest news of week in China:- Following the 2% and near-5% plunge in Dow Jones and the Nikkei last week, the Heng Seng Index, Hong Kong's benchmark index, was down arouind 2.7% at...
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