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October 2001
Great minds meet at Nansha IT Park

Hong Kong University of Science and Technology (HKUST) and the Fok Ying-Tung Foundation are investing HK$358 million (US$46million) to build the Nansha Information Technology Park (NITP) (full photo) in southern China, furthering economic integration in the Pearl River Delta. (full story)

Options widen for trading globally

Hong Kong Exchanges and Clearing Ltd (HKEx) is launching a new product and is planning to extend trading hours to attract more international investors to the Hong Kong stock market. (full story)

SFC adopts US model to boost market trading

Hong Kongˇ¦s securities watchdog the Securities and Futures Commission (SFC) has plans for the local stock market to move towards a US style ˇ§market makerˇ¨ system to enhance competitiveness. (full story)

Bank of East Asia expands in US

Hong Kong-listed Bank of East Asia Limited (BEA) is expanding in the US with the acquisition of Grand National Bank, a commercial bank in the City of Alhambra located on the eastern edge of Los Angeles. (full story)