Thursday 28th February 2013
Dear Reader,
NEW ARTICLE
A secret mile-high stake in Pico (0752)
We name and shame
Denver Investments, a US-based fund manager, for failing to disclose its stake
in Pico for 13 months. We explain why they are unlikely to face
prosecution. (28-Feb-2013)
RECENTLY ON WEBB-SITE
Double stamp duty
We explain the fallacy in the proposed
so-called "demand-side" measures announced on Friday. Higher transaction costs
reduce volumes, not prices, and affect both buyers and sellers. We ask whether
this is really worth trashing HK's reputation as a free and open economy and
what this meddling is trying to achieve. (25-Feb-2013)
The alternative Budget
Speech, 2013: Prosperity through Reform
Webb-site reveals the Hong
Kong Budget Speech which should be delivered next Wednesday. (22-Feb-2013)
IN OTHER NEWS
Webb on
"Backchat" re the budget
RTHK, 28-Feb-2013
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