With the private equity and venture capital markets cratering, there are a ton of startups here that are in need of capital. Hopefully by the time the exchange actually gets up and running, the economy will be in better shape, allowing it a chance of success.
Details from AFP:
China's securities regulator on Tuesday issued rules for [...]

Retired Detective Senior Police Constable Poon King-chuen has been jailed four years by the District Court for perversion, forgery, deception and making a false report to the Independent Commission Against Corruption.

Paul Midler's been on top of this baby shampoo case for a while. Looks like it's heading into freaky territory:

It seems that a number of Chinese families are looking to launch a class action lawsuit related to shampoo. From ConsumerAffairs.com:

Eighty families have already organized in anticipation of the suit, and lawyers don’t plan to stop there. [...]

The FT reports:
The Asian Development Bank on Tuesday halved its 2009 growth forecast for developing countries in Asia, warning that an anticipated rebound in 2010 was heavily dependent on a broader recovery of the world economy.
The Asian lender said that Asia excluding Japan was likely to grow 3.4 per cent this year, compared with a [...]

Police are investigating the identities of two bodies found in the harbour off Kowloon earlier this month.

The District Court has jailed two Taiwanese women who were involved in lottery fraud cases, one for 22 months and the other for 20.

Some additional details from my recent post on the subject from the National Working Group on IP. The possibility of an IP appeals court and the ability to consolidate multi-jurisdictional cases is great news. I know that most people do not follow this stuff close enough to track changes on the ground, but the progress [...]

There are two things that annoy me to no end: religion and nationalism. Both are fundamentally irrational and lead to a lot of nasty shit.
I'm therefore not happy at all that the global economic crisis has (as it always does) ushered in a new era of nationalism. Melinda Liu's article on the subject is worth [...]

Police are investigating a traffic accident in which a 44-year-old woman was struck and killed by a reversing van outside Cheung Yu House in Cheung Wah Estate, Sheung Shui at 8.10pm today.

Seems to be one of the big stories this weekend/today (from the FT):
A Chinese spying operation has obtained sensitive data from hundreds of government computers in more than 100 countries, according to a new report.
University of Toronto experts found 1,295 infected computers around the world and observed the operation stealing documents and watching and listening [...]