PolyU Library
Journal Call no.HC411.A76
AuthorShameen, Assif.
Article TitleThe latest on newspapers : Hong Kong's price wars claim their last victim / Assif Shameen.
Is Part OfAsiaweek ; v.22, no.28, 12 Jul 1996, p.52, illus.
AbstractFor seven months the Hong Kong press baron, Ma Ching Kwan of the Oriental Press Group, has been battling on two fronts: struggling to keep his English-language daily Eastern Express alive, and fighting price wars with his Chinese-language rivals. On June 29, amid growing shareholder discontent and pressure from within the Ma clan, he conceded defeat. He ordered the two-year old Eastern Express closed and resigned as company chairman.