In the news: Dairy Farm buys PRC supermarket stake, HK-SH connect issues more rules and instant-messaging apps face restrictions

August 14, 2014 | BY

clpstaff &clp articles

This week Dairy Farm bought a US$925 million stake in Yonghui Superstores, the Hong Kong-Shanghai connect clarified securities transfer and sale rules and the State Internet Information Office tightened censorship on mobile chat apps

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Dairy Farm buys US$925 million stake in Yonghui Superstores

Dairy Farm, owned by Jardine Matheson (which operates Wellcome, Hong Kong's largest supermarket chain, and beauty chain Mannings), has agreed to