HONG KONG (AP) - Hong Kong's crowded newspaper market is set for another round of bitter competition with the arrival of a second free daily paper.
Shih Wing Ching, chairman of the city's biggest unlisted real estate agencies, Centaline Realty, said Monday he will invest up to 100 million Hong Kong dollars (US$12.8 million; euro10.5 million) to launch the paper sometime in the fourth quarter of the year.
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