No. 340, Nov 5(3)

Former HK Chief's Family Business Takes Over Abandoned Development Project
Nation, page 11
The biggest abandoned property in Tianjin-- a 25-storey high World Trade Center building-- has finally found a buyer in the Orient Overseas Corporation. The corporation is part of the family business of former Hong Kong Chief Executive Tung Chee-Hwa. The unfinished building has been an eye-sore of the city for the past seven years.
Original article: [Chinese]

Scarred by Mining Industry
Nation, page 12
First, tea plantations made way for the mining industry; later, villagers were forced to relocate following threats of landslide and polluted water sources. EO tracks the side-effects left behind by of a now defunct iron mine in Anxi, south of Fujian province.
Original article: [Chinese]

Market Watchdogs Work on Share Incentives for State Firms
From Markets & Investment, page 17
The Ministry of Finance, the state-owned assets watchdog agency, and the banking regulatory commission are researching new ways to standardize incentive-based share schemes in state-owned firms, with new rules to come out in the short term. On October 31, the Merchant Bank of China revealed its own such effort, which sets a threshold stock price of 39.3 HK dollars that must be met after two years if managers want to sell their shares on the secondary market.
Original article: [Chinese]

New Focus on Controlling QDII
From Markets & Investment, page 22
Regulators are puzzling over how best to tighten the reins on QDII (Qualified Domestic Institutional Investors) funds that are galloping into the Hong Kong stock market. Institutional investors have already been warned to properly consider risk and to diversify their QDII investments among several markets. Chinese have been clamouring to invest in H-shares since the option was made available to them through qualifying institutions.
Original article: [Chinese]