Articles: HKEx/SFC: Penny Stocks
PIPSI Report
The report by the Government-appointed Panel of Inquiry into the recent "Penny
Stocks Incident" was released on Tuesday. Webb-site.com looks
beyond the blame game and into the recommendations for structural reform of the
regulatory system. (15-Sep-02)
PIPSI Submission
The HK Financial Secretary appointed a 2-man Panel of Inquiry into the recent
"Penny Stocks Incident". In the interests of transparency, Webb-site.com
is publishing the letter we received from PIPSI and our submission in response.
(18-Aug-02)
The Delisting Fiasco
Despite
clear warnings of the consequences, HKEx on Thursday announced proposals
to delist companies that fail to meet certain criteria of market cap,
shareholders equity, profitability, clean audit reports or nominal share
prices. The rational consequence was a crash in micro-cap stocks on
Friday, followed by a hurried Sunday afternoon withdrawal of the proposals, for
now at least. We give you the background. (29-Jul-02)
Sign up for our free
newsletter
Click to
recommend Webb-site.com to a friend
Back to top
|