PRESS DIGEST - Top stories in Hong Kong and mainland China newspapers on February 9
These are the leading stories in Hong Kong and mainland newspapers and websites on Monday. The South China Morning Post has not verified these stories.
After two years of preparation, China’s first exchange traded fund (ETF), the Shanghai Stock Exchange 50 ETF, starts trading in Shanghai on Monday. Market watchers believe it won’t have a big impact on the A-share market because of the high threshold for participants. (China Securities Journal)
Mycoin, a bitcoins trading platform in Hong Kong, shut down last month and the key person responsible for the operation disappeared. Nearly 30 investors claimed they failed to receive or sell their bitcoins at market price. Some 3,000 people are expected to be affected, with a total investment that could reach HK$3 billion. (Hong Kong Economic Journal)
Since China began its anti-corruption campaign, 70 listed companies have been investigated. A fourth of them are energy-related. (The Beijing News)