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.
香港多了一位司法长官。市场监管机构证券及期货事务监察委员会(Securities and Futures Commission)上周四取得了一场里程碑式的胜利，李泽楷(Richard Li)证实，将宣告以20亿美元私有化旗下电信公司电讯盈科(PCCW)建议失效。
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