Friday 2nd January 2015
Dear Reader,
Bubbles galore!
NEW ARTICLE
Kuangchi the stratospheric stock
Our latest New Year
bubble worth popping is Kuangchi (0439), HK's top-performing stock of 2014,
valued at HK$32.03bn (US$4.13bn) or 16.1x NTAV. (2-Jan-2015)
RECENTLY ON WEBB-SITE
SFC actions risk chilling critics
A New Year's Eve SFAT
ruling reveals an SFC action against Moody's for its 2011 "red flags" report,
following the recent launch of MMT action against a short-selling analyst. The
SFC risks chilling publication of critical opinion and analysis - something we
would hate to stop doing. We will be watching the cases carefully. (1-Jan-2015)
Where
will it end?
The judge in the Hui-Kwok trial resorted to
quoting Sir Humphrey Appleby in rejecting Bloomberg's request for a copy of fund
flow charts presented to the jury. (31-Dec-2014)
Some bubbles for New
Year
With the exchange shut for 2014, we take a close look
at two bubbles and the other listed companies surrounding them. (31-Dec-2014)
And much more besides...
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