HONG KONG: BEFORE THE OPEN, 03Jun2013

Kai Tak redevelopment the new hotness; HK$200,000 screens as a gift; HK government all cashed up; Sell in May go away; All that glitters is not gold; Will LEGCO stay the course on property curbs?; Here’s what you need to know before the open.

Sell in May go away!

Nomura reports that mutual funds net sold US$82mm of equities in Hong Kong up from last week’s US$6mm outflow.

HKEJ