Hong Kong stocks extend gains at open

Hong Kong stocks chalked up more healthy gains at the open on Tuesday after the US said it would no longer designate China a currency manipulator, further easing tensions between the two ahead of a trade deal signing. The Hang Seng Index rose 0.67 percent, or 194.59 points, to 29,149.53.

The benchmark Shanghai Composite Index edged up 0.16 percent, or 5.10 points, to 3,120.67 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.31 percent, or 5.72 points, to 1,828.07.

Pizza joints and popcorn stands jostle for attention all along the boardwalk in Ocean City, New Jersey -- but good luck finding a drink. A full century after the Prohibition era began in America, being dry has become a trademark for the beachside resort.

In between ads for local churches, signs posted all along the Atlantic serve as a stern warning to anyone tempted to crack open a beer on the beach: "Alcoholic beverages prohibited. Strictly enforced. Fine $275." Although Prohibition ended nationwide in 1933, the island of 11,000 residents is one of hundreds of American cities and jurisdictions that continue to ban alcohol sales.

Restaurant menus offer a choice of hot drinks, water and sodas, and -- although as many as 150,000 people flood the resort during summer weekends -- it doesn't have a single bar. Founded in the late 19th century by Methodists who wanted to turn it into a Christian resort, Ocean City is what is known as a "dry town."

Alcohol production and sales have been outlawed there since 1909, a decade before Prohibition was ushered in nationwide on January 17, 1920. A century later, very little has changed. You can drink a glass of wine in the privacy of your own home, but to do so you need to trek to one of the large liquor stores strategically placed at the end of the bridges onto the island often jammed with traffic during high season.

Drinkers or not,

residents

have embraced their town's sobriety with a certain pride, particularly in comparison to less virtuous neighbors along the Jersey shore. The city's slogan is "America's greatest family resort."

The casinos and strip clubs of neighboring Atlantic City, a major hub for organized crime during Prohibition, are less than half an hour away by car.

Most of the surrounding beaches are filled with hordes of young partiers. Eric Plyler, a graphic designer who spent his childhood vacations in Ocean City, created the "Dry Island" brand to celebrate its "most unique characteristic." The design, drawing visual and verbal inspiration from the Prohibition era, is emblazoned on mugs, baseball caps and T-shirts filling the shelves of the 26-year-old's store on main street.

"People appreciate the fact that it being dry improves the value of life here, but it doesn't mean that they don't like alcohol," said the bearded young entrepreneur himself a fan of craft beers. "It just means that it's something that we can hold on to as a claim to fame." So when a local business owner in 2012 gathered enough signatures to hold a referendum on whether customers could bring their own bottle of beer or wine into restaurants, some, like Drew Fasy, saw it as a threat to the city's image.

"If you have a successful brand, you don't mess with it. Nobody is gonna change McDonald's golden arches," said the former real estate agent. He is adamant about not letting Ocean City go the way of other Jersey shore towns, which are "built around alcohol," in his opinion. The 2012 BYOB ("bring your own bottle") referendum sharply divided the city. Opponents were accused of being religious zealots. Supporters of seeking to open the flood gates to debauchery.

Chris and Sharon Hoffmann, owners of the Captain Bob's restaurant, said they have been boycotted for calling for a little more flexibility when it comes to alcohol. "It was a little nervewracking," recalled Sharon Hoffman. "People who would make reservations but not show up. We had people who smashed our flower pots, someone who sliced my tire.