【Five pro-China Legislators automatically elected as new HKU Court members 】
Since the pan-democracy camp boycotted the House Committee, only pro-China legislators were elected as HKU Court members. Abraham Shek (Business and Professionals Alliance), Horace Cheung (DAB), and Regina Ip (New People’s Party) were re-elected, while Vincent Cheng (DAB) and Jimmy Ng (BPA) were elected as new members. Previous members Claudia Mo (HK First) and Ip Kin-yuen (HK Professional Teachers’ Union) were not nominated.
【Five pro-China Legislators automatically elected as new HKU Court members 】
Since the pan-democracy camp boycotted the House Committee, only pro-China legislators were elected as HKU Court members. Abraham Shek (Business and Professionals Alliance), Horace Cheung (DAB), and Regina Ip (New People’s Party) were re-elected, while Vincent Cheng (DAB) and Jimmy Ng (BPA) were elected as new members. Previous members Claudia Mo (HK First) and Ip Kin-yuen (HK Professional Teachers’ Union) were not nominated.
Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
