我要用黎做eng newspaper cutting(f.3)
- MauriceLv 41 十年前最愛解答
Seven boys arrested over brawl at school in Kowloon
Seven secondary schoolboys were taken by police from their classrooms yesterday, after they were allegedly involved in a brawl outside their Kowloon City school at lunchtime.
The fight involved nine suspects, aged between 16 and 23 from two groups, that met outside the Pentecostal School in Perth Street at about 1pm. A school staff member called the police.
One group involved in the clash comprised five Form Four students and the other comprised two Form Three students and their two friends, aged 22 and 23.
Police said investigations showed that no weapons were used in the incident.
Before police arrived, the students had returned to their classrooms.
Officers first arrested the two adults, who were apprehended while waiting for a taxi outside the school. They later arrested seven students in the school.
Police said the suspects were arrested for fighting in a public place.
Four of students, aged between 16 and 17, had minor injuries and were treated at Queen Elizabeth Hospital.
Last night, they were still being held for questioning at Hung Hom police station and no one had been charged.
Initial investigations seemed to rule out triad involvement, said Inspector Lau Siu-pong, of Hung Hom police. Inspector Lau said the brawl was a result of a recent altercation between the students that erupted when they tried to hail the same taxi.
The Form Four teenagers had threatened the Form Three students, who, fearing that they might be bullied at school, had asked their two friends to escort them during lunch breaks. The two groups met outside the school and the brawl ensued.
An Education and Manpower Bureau spokesman said the school had been asked to submit a report over the incident.
School headmaster Yeung Kwok-piu said he was saddened and surprised by the incident, adding that it was the first case of violence at the school in 30 years. "It is serious because it involved violence. It's unacceptable," he said.
Mr Yeung said the school had reminded students that "it's not appropriate to use violence to solve any problem and they should seek help from their parents and teachers if necessary".
He said the incident would be investigated before any decision was made on punishment.
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2006-11-05 21:19:59 補充：
- 1 十年前
Yam says price difference of A, H shares needs attention
(SCMP) 11月 03日 星期五 00:03AM
Price differences between mainland and Hong Kong-listed shares of the same company could be removed if the two classes of stock were directly or indirectly fungible, or interchangeable, according to Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong.
Removing the difference between H-share and A-share prices would also improve market efficiency, Mr Yam said in his online column yesterday.
The listing of a company's shares in both the Hong Kong and mainland markets by companies such as Industrial and Commercial Bank of China (ICBC) addressed mainland investors' concerns that good-quality state-owned assets were being sold only to overseas buyers, Mr Yam said.
"[But] the price differential between the H shares and the A shares remains and needs to be addressed."
Partitioning of markets that were trading essentially the same financial instrument with the same shareholders' rights undermined the market's efficiency.
"It seems desirable for the healthy development of the market to remove artificial market partitioning," he said.
With foreign exchange being controlled in the mainland, the A-share market was not fully open and it was hard to arbitrage between A and H shares.
ICBC yesterday closed at HK$3.50 in Hong Kong, unchanged from previous day, while the A shares closed down 0.61 per cent at 3.28 yuan or about HK$3.54.
It was possible to solve the issue without undermining foreign exchange controls, Mr Yam said.
"The two classes of shares can be made directly fungible, or indirectly fungible by trading depository certificates evidencing the holding of shares in the other market," he suggested, without further elaboration.
A specially established public body could conduct arbitrage whenever a significant exchange-rate-adjusted price differential appeared, he said.
While there were arguments that an arbitrage mechanism would not be in Hong Kong's interest, the introduction of an effective mechanism would lead to market expectations being strong enough to help bring about price equalisation, lessening the need for actual arbitrage activities, Mr Yam said.
Kenny Tang Sing-hing, a director at Tung Tai Securities, said A shares and H shares were in two different markets and it was not necessarily to align the price of two classes of shares as the price differential was not a major concern.資料來源： yahooI news