Monday 2nd June 2008
Normal service is hereby resumed!
Fixing the closing
Webb-site.com looks at the problems with the new closing auction mechanism at HKEx, and explains how these could have been avoided. (2-Jun-08)
Official: Richard Li doesn't control PCCW
The Government-appointed Broadcasting Authority says that Richard Li doesn't control PCCW - who knew? This exposes a huge loophole in the law on cross-media ownership, which can be avoided simply by passing your shareholdings into a trust. We call on the Government to either scrap the law, which is outdated in the internet age, or close the loophole by amending it. (2-Jun-08)
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David M Webb