News at Seven-Thirty highlights: Norman Chan has been named as the next chief executive of the HKMA; some lawmakers complaint the selection process of the next chief of HKMA was not transparent; Undersecretary for Constitutional and Mainland Affairs has been appointed to succeed Norman Chan; Observatory says it’s highly likely Standby Signal No.1 will be issued later tonight ; government has urged HK residents to be extra cautions while traveling to Indonesia; followers of Thaksin Shinawatra clashed with police in Chiang Mai; a fire broke out at Disneyland's Hollywood Hotel; fines totalling 60,000 dollars were meted out today for safety violations at a Mong Kok building; Pegasus Philip Wong Kin Hang Christian School will be renamed as Fukien Secondary School Affiliated School.