News

The coming end of Webb-site
Webb-site.com, 12-Feb-2025
Unfortunately, there are going to be some more changes around here. Our founder explains why.
Ex-legislator Chim Pui Chung and son Ricky Chim Kim Lun jailed for 34 & 37 months.
ICAC, 3-Feb-2025
The ICAC is applying for confiscation of over HK$200m in crime proceeds. Mainland businessman Ma Zhonghong jumped bail in 2022 and a HK warrant for his arrest is outstanding.
PECS Register monthly update
HK Government, 28-Jan-2025
The latest jobs for retired senior HK civil servants.
Concentration warning in GL-Carlink Technology (2531)
SFC, 15-Jan-2025
At 2-Jan-2025, 20 holders had 94.94%.
Ex-associate director of SFC charged with conspiracy to pervert the course of justice in market manipulation probe
SFC, 9-Jan-2025
Ms Deng Yingxia allegedly advised subjects of the investigation into dealings in China Gas Industry (1940) on how to deal with the SFC.
Sanction of Regal Partners (1575) and 3 ex-directors2nd announcement
SEHK, 9-Jan-2025
For an unauthorised, undisclosed guarantee in favour of a private company controlled by a connected person.
Solicitor Tse Yin Fung pleads guilty to breaching secrecy provision
SFC, 2-Jan-2025
He is fined HK$25k for disclosing information from a client to 2 other people regarding a restriction notice issued by the SFC. His client is a subject of investigation into market manipulation.
PECS Register monthly update
HK Government, 31-Dec-2024
What have ex-senior civil servants been doing in retirement?
SFC fines Ever-Long Securities HK$3m for sponsor failuresStatement of Disciplinary Action
SFC, 27-Dec-2024
Ever-Long is 100%-owned by Styland (0211), which has featured in Webb-site Reports many times over decades. The SFC says it would have fined Ever-Long HK$13.5m "but for the firm's financial position and cooperation".
Sanction of Yan Xiang, ex-ED of Cathay Group (1981)
SEHK, 12-Dec-2024
For failing to co-operate with an investigation.
Sanction of Kaisun (8203) and 7 directors
SEHK, 10-Dec-2024
For failure to disclose loans to Up Energy (ex-0307) and investments in EJE (ex-8101) and Tesson (1201).
Concentration warning in Jinhai Med Tech (2225)
SFC, 9-Dec-2024
Webb-site warned the market about this stock in August, noting that GoFinTech Innovation (0290) appeared to be buying into a bubble. At 20-Nov-2024, 28 holders had 90.2%.
Ex-SFC manager, DoJ Senior Counsel and nurse charged with conspiracy to commit MIPO
ICAC, 29-Nov-2024
Then SFC manager Kenneth Leung Po Hin allegedly abused inside information on a pending Link REIT (0823) rights issue, and the other 2 bought and sold put options to benefit from the information. It's unclear why there isn't also a charge of insider dealing rather than just Misconduct in Public Office, but the SFC in a separate announcement says it is looking into potential violations under the Securities and Futures Ordinance.
PECS Register monthly update
HK Government, 29-Nov-2024
The latest jobs for retired senior HK civil servants.

Our stories

The coming end of Webb-site
Unfortunately, there are going to be some more changes around here. Our founder explains why. (12-Feb-2025)
Knock it off, Judiciary: HK courts don't use gavels
The HK Judiciary persists in promoting an object never used in courtrooms as a symbol of law and juridical work. Why not promote something else not found in courts, like a rocket? (19-Oct-2024)
IKEA removes smart-home products from HK, citing National Security Law
Not entirely consistent with the Government's goal to make Hong Kong a Smart City by investing hundreds of HK$ billions into "Innovation and Technology". (12-Sep-2024)
Putting Police in the Policy Address
A new name would set the right tone. (18-Aug-2024)
Meaningless board games at HKEX, and how the UK FCA has just made an awful mistake
We review the proposals for a 6-seat and 9-year limit on so-called INEDs, along with other changes that do nothing to address HK's corporate governance deficit. Meanwhile, a slow-motion disaster is underway in the UK as it scraps fundamental investor rights. (28-Jul-2024)
Help maintain the Webb-site Database
We are commencing the transition of the Webb-site Database to a crowd-sourced model. Whether it survives our Founder's doom depends on whether you, the users, are willing to volunteer your time, in a "Webbipedia" crowd-sourcing of corporate data. So please get involved, and you may get a free lunch at the end of the year. (19-May-2024)
The HK budget supercomputer hallucination
According to Paul Chan's budget speech, at undisclosed taxpayer expense, HK is supposed to produce a machine 3 times more powerful than the world's current fastest, within 2 years, and without using the best chips which were banned by the USA from export to HK following imposition of the National Security Law on HK. (2-Mar-2024)
HK's Rates reforms: damage to property values, needless complexity and misdirected handouts
It's not too late for the Government to return to fiscal sanity with a simple Rates system rather than practice the populist politics of petty envy. (30-Jan-2024)
Breaking: HK Government withholds Task Force report, citing threat to financial markets stability
We asked for the report. They refused. Now we're really wondering what's in it. (29-Jan-2024)
Hong Kong Island, major vehicle exporter?
Transport Department data suggest that HK Island exported a net 1.25m vehicles in 2022, more than are on the roads in the SAR, and the Island is on track to beat that in 2023. Take a look at the data and tell us why! (9-Dec-2023)

Other news

Ex-legislator Chim Pui Chung and son Ricky Chim Kim Lun jailed for 34 & 37 months.
ICAC, 3-Feb-2025
The ICAC is applying for confiscation of over HK$200m in crime proceeds. Mainland businessman Ma Zhonghong jumped bail in 2022 and a HK warrant for his arrest is outstanding.
PECS Register monthly update
HK Government, 28-Jan-2025
The latest jobs for retired senior HK civil servants.
Concentration warning in GL-Carlink Technology (2531)
SFC, 15-Jan-2025
At 2-Jan-2025, 20 holders had 94.94%.
Ex-associate director of SFC charged with conspiracy to pervert the course of justice in market manipulation probe
SFC, 9-Jan-2025
Ms Deng Yingxia allegedly advised subjects of the investigation into dealings in China Gas Industry (1940) on how to deal with the SFC.
Sanction of Regal Partners (1575) and 3 ex-directors2nd announcement
SEHK, 9-Jan-2025
For an unauthorised, undisclosed guarantee in favour of a private company controlled by a connected person.
Solicitor Tse Yin Fung pleads guilty to breaching secrecy provision
SFC, 2-Jan-2025
He is fined HK$25k for disclosing information from a client to 2 other people regarding a restriction notice issued by the SFC. His client is a subject of investigation into market manipulation.
PECS Register monthly update
HK Government, 31-Dec-2024
What have ex-senior civil servants been doing in retirement?
SFC fines Ever-Long Securities HK$3m for sponsor failuresStatement of Disciplinary Action
SFC, 27-Dec-2024
Ever-Long is 100%-owned by Styland (0211), which has featured in Webb-site Reports many times over decades. The SFC says it would have fined Ever-Long HK$13.5m "but for the firm's financial position and cooperation".
Sanction of Yan Xiang, ex-ED of Cathay Group (1981)
SEHK, 12-Dec-2024
For failing to co-operate with an investigation.
Sanction of Kaisun (8203) and 7 directors
SEHK, 10-Dec-2024
For failure to disclose loans to Up Energy (ex-0307) and investments in EJE (ex-8101) and Tesson (1201).
Previously on Webb-site.com
Check out our full list of articles in the archive, since our launch in 1998.

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