Word: seng
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...Hong Kong International Literary Festival?that sure sounds like an oxymoron. Isn't Hong Kong the place where residents are interested exclusively in the Hang Seng Index, Rolex watches and, um, Rolex watches? Where the closest thing to a hot comic novel is Chief Executive Tung Chee-hwa's latest plan to stabilize the real estate market...
...concern now is that other listed private Chinese companies will be splattered. A UBS Warburg index of 20 of these so-called "private chips" has fallen 10% since it was inaugurated in January 2001. That's far less than the 45% fall of Hong Kong's benchmark Hang Seng Index. But p-chips plunged three percentage points since the Yang scandal broke. Because of the lack of transparency and secrecy among Mainland companies, "it is quite difficult to sort out which are the reliable ones and which are the crooks," says Willis Ting, executive director of Tai Fook Capital...
...There’s no factory here,” explains Chung Lan-Seng, the building manager. “This is an office. We process orders here...
During the “Invasian” controversy, Seng-Dao Yeng ’01, one of the organizers of protests against the article, was flooded with messages from students on campus—including minority students—claiming that the problems of race and ethnicity at Harvard were exaggerated. Students were quick to be defensive about the topic. “People were really hostile to the issue of race being a problem,” she says...
...Meanwhile, Asian markets spent the night jabbing at the panic button. Japan?s Nikkei and Hong Kong?s Hang Seng indexes both slid below its 10,000 level - and that was with innumerable stocks bumping against government-imposed curbs. South Korea's market took the heaviest hit, with the benchmark Kospi sinking 12 percent. Markets in Australia and New Zealand both lost just over 4 percent. Singapore ended down 7.4 percent...