Journal Call no. | HC411.A76 |
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Author | Shameen, Assif. |
Article Title | The latest on newspapers : Hong Kong's price wars claim their last victim / Assif Shameen. |
Is Part Of | Asiaweek ; v.22, no.28, 12 Jul 1996, p.52, illus. |
Abstract | For 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. |