There is a new sheriff in Hong Kong. The Securities and Futures Commission, the territory's market regulator, yesterday sealed a landmark victory after Richard Li confirmed that he would let a $2bn buy-out offer for PCCW, his telecommunications company, lapse.
香港多了一位司法長官。市場監管機構證券及期貨事務監察委員會(Securities and Futures Commission)上周四取得了一場里程碑式的勝利，李澤楷(Richard Li)證實，將宣告以20億美元私有化旗下電信公司電訊盈科(PCCW)建議失效。
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