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Hong Kong: PCCW

Richard Li sold out PCCW, the biggest telecom in Hong Kong on July 11 to a pro China Hong Kong based Businessman, Francis Leung. After this contraversal move, he is now planning to buy a local Chinese newspapers, Hong Kong economic journal. Florence in Over the Rainbow blogs about her frustrating experience as journalist in interviewing Richard Li all these years (zh).

Hong Kong Media Buster has another post to explain how local media was being manipulated to get public support for the selling out of PCCW (zh).

Simon World discusses about the minorty stockholders’ rights in the PCCW deal.

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