51.   At a government auction for licenses in May, it was among many independent stations that were refused frequency licenses by the government but continued operating without one.

52.   Asian stock markets closed mixed Wednesday, with share prices in Hong Kong plunging on news of a disappointing government land auction.

53.   Asian stock markets closed mixed Wednesday, with share prices closing higher in Hong Kong, although news of an unsuccessful government land auction eroded gains from early trading.

54.   Brokers said share prices rose in reaction to two government land auctions, which fetched better than expected prices.

55.   Brokers said share prices fell in late trading after a government land auction fetched prices that were below market expectations.

56.   Brokers said share prices were boosted by a strong property sector ahead of a government land auction later this month.

57.   But one of those pieces, the wireless group, needs money to bid in the upcoming government auction of new wireless spectrum.

58.   But investors seemed somewhat heartened by robust bidding at a government land auction, where property market sentiment is often gauged.

59.   Gains by property stocks dominated the market after better-than-expected results of a government land auction on Tuesday, Chu said.

60.   Gains by property stocks dominated the market, led by the better-than-expected results of a government land auction on Tuesday, Chu said.