News
Hengrui Pharma (1276): allotment results and concentration warning
Company announcement, 22-May-2025
The H-shares are 3.40% of the company. The top 25 placees received 84.75% of these. 41.77% of the H-shares are locked up until 22-Nov-2025, leaving a free float of 130.75m H-shares or 1.98% of the company.
Company announcement, 22-May-2025
The H-shares are 3.40% of the company. The top 25 placees received 84.75% of these. 41.77% of the H-shares are locked up until 22-Nov-2025, leaving a free float of 130.75m H-shares or 1.98% of the company.
Mirxes (2629): allotment results and concentration warning
Company announcement, 22-May-2025
The top 25 holders have 87.95% of the company. The top 25 placees received 87.32% of the IPO shares. 90.11% of the stock is locked up, of which 6.98% until 23-Nov-2025 and the rest until 23-Feb-2026, leaving a free float of 27.33m shares.
Company announcement, 22-May-2025
The top 25 holders have 87.95% of the company. The top 25 placees received 87.32% of the IPO shares. 90.11% of the stock is locked up, of which 6.98% until 23-Nov-2025 and the rest until 23-Feb-2026, leaving a free float of 27.33m shares.
Anthony Chiang Sham Lam and his accounting firm suspended for 3 years and fined HK$500k
Accounting & Financial Reporting Council, 22-May-2025
Mr Chiang's firm audited private companies variously owned by him, his wife and his mother.
Accounting & Financial Reporting Council, 22-May-2025
Mr Chiang's firm audited private companies variously owned by him, his wife and his mother.
CATL (3750): allotment results and concentration warning
Company announcement, 19-May-2025
After exercise of the over-allotment option, there are 155.915m H-shares (3.42% of the company) of which 77.455m are locked up until 19-Nov-2025, leaving a real free float of 78.460m shares. The top 25 H-share holders have 69.65% of the H-shares.
Company announcement, 19-May-2025
After exercise of the over-allotment option, there are 155.915m H-shares (3.42% of the company) of which 77.455m are locked up until 19-Nov-2025, leaving a real free float of 78.460m shares. The top 25 H-share holders have 69.65% of the H-shares.
CFI dismisses appeal by Lai Ka Yi against conviction and sentence for unlicensed activity
SFC, 15-May-2025
SFC, 15-May-2025
Activist investor David Webb hopes HK statutory body will carry on his work
South China Morning Post, 12-May-2025
South China Morning Post, 12-May-2025
SFC fines Sino-Rich Securities & Futures HK$2m and suspends RO Wilhelm Soeharsono Budihardjo for failures in margin lending practices
| Statement of Disciplinary Action
SFC, 12-May-2025
This is Mr Budihardjo's third rodeo.
SFC, 12-May-2025
This is Mr Budihardjo's third rodeo.
Media session with David Webb after the FCC farewell lunch, recorded by Truth Media HK
YouTube, 12-May-2025
YouTube, 12-May-2025
A farewell fireside chat with David Webb at the Foreign Correspondents' Club of HK
YouTube, 12-May-2025
Many thanks to the FCC and to Philip Bowring for hosting.
YouTube, 12-May-2025
Many thanks to the FCC and to Philip Bowring for hosting.
Pre-trial review fixed for prosecution of unlicensed advising on securities by finfluencer
SFC, 8-May-2025
SFC, 8-May-2025
Auntea Jenny (2589): allotment results and concentration warning
Company announcement, 7-May-2025
The top 25 holders have 98.56% of the H-shares and 99.19% of the total issued shares.
Company announcement, 7-May-2025
The top 25 holders have 98.56% of the H-shares and 99.19% of the total issued shares.
4 audit staff charged for alleged conspiracy to defraud over listing of Huarchi Global (ex-2296)
ICAC, 6-May-2025
ICAC, 6-May-2025
The Webb-site Repository
Webb-site.com, 1-May-2025
As promised, you can now download the Webb-site datasets and take our work forward.
Webb-site.com, 1-May-2025
As promised, you can now download the Webb-site datasets and take our work forward.
PECS Register monthly update
HK Government, 30-Apr-2025
This month's jobs for ex-senior HK civil servants
HK Government, 30-Apr-2025
This month's jobs for ex-senior HK civil servants
SFC fines Interactive Brokers HK$4.2 million for regulatory breaches
| Statement of Disciplinary Action
SFC, 28-Apr-2025
From 2017-2020, due to a programming error, they lent out HK$586bn of client securities without valid standing authorities. They self-reported to SFC in 2020.
SFC, 28-Apr-2025
From 2017-2020, due to a programming error, they lent out HK$586bn of client securities without valid standing authorities. They self-reported to SFC in 2020.
SFC obtains arrest warrant for suspected market manipulator
| Gazette Notices
SFC, 25-Apr-2025
Mr Liu Shaolin allegedly rigged the price of China Hongbao (then Pak Wing, 8316) in 2018.
SFC, 25-Apr-2025
Mr Liu Shaolin allegedly rigged the price of China Hongbao (then Pak Wing, 8316) in 2018.
Further sanction of Stanford Ngan Kam Biu, ex-INED of Wisdom Wealth Resources (0007)
SEHK, 24-Apr-2025
For failing to take the director training that was ordered in Jul-2024.
SEHK, 24-Apr-2025
For failing to take the director training that was ordered in Jul-2024.
Sanction of ex-Chairman of Silver Base (ex-0886) and his nephew, an ex-ED
SEHK, 22-Apr-2025
For pre-payments, including to a connected person, which looks like a cash-extraction exercise before liquidation.
SEHK, 22-Apr-2025
For pre-payments, including to a connected person, which looks like a cash-extraction exercise before liquidation.
SFC bans Kao Cheng Yung, ex-RO of CSC Futures (HK), for 6 months
| Statement of Disciplinary Action
SFC, 22-Apr-2025
For AML failures.
SFC, 22-Apr-2025
For AML failures.
District Court set trial date for sophisticated ramp-and-dump syndicate
SFC, 15-Apr-2025
Only 17 months to go.
SFC, 15-Apr-2025
Only 17 months to go.
Censure of Leading Holdings (6999) and its Chairman-CEO Liu Yuhui
| The false announcement
SEHK, 8-Apr-2025
For failing to disclose that he had pledged shares to a broker and a forced sale occurred on 19-May-2022, crashing the stock 84%.
SEHK, 8-Apr-2025
For failing to disclose that he had pledged shares to a broker and a forced sale occurred on 19-May-2022, crashing the stock 84%.
Trump's tariff own-goal
Webb-site.com, 3-Apr-2025
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight.
Webb-site.com, 3-Apr-2025
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight.
Lerado (1225): Breach of Listing Rules: undisclosed Discloseable and Major loans
Company announcement, 31-Mar-2025
Company announcement, 31-Mar-2025
Webb departs HK Takeovers and Mergers Panel after 24 years of service
SFC, 31-Mar-2025
Of which the last 12 were as a Deputy Chairman.
SFC, 31-Mar-2025
Of which the last 12 were as a Deputy Chairman.
Our stories
The Webb-site Repository
As promised, you can now download the Webb-site datasets and take our work forward. (1-May-2025)
As promised, you can now download the Webb-site datasets and take our work forward. (1-May-2025)
Trump's tariff own-goal
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight. (3-Apr-2025)
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight. (3-Apr-2025)
The coming end of Webb-site
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump. (12-Feb-2025)
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump. (12-Feb-2025)
On 18-Nov-2024, JPMorgan completed oustourcing its HK custodian business to HSBC, as shown in Webb-site CCASS Analysis
| HSBC custody at 2024-11-18
(20-Nov-2024)
(20-Nov-2024)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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
Hengrui Pharma (1276): allotment results and concentration warning
Company announcement, 22-May-2025
The H-shares are 3.40% of the company. The top 25 placees received 84.75% of these. 41.77% of the H-shares are locked up until 22-Nov-2025, leaving a free float of 130.75m H-shares or 1.98% of the company.
Company announcement, 22-May-2025
The H-shares are 3.40% of the company. The top 25 placees received 84.75% of these. 41.77% of the H-shares are locked up until 22-Nov-2025, leaving a free float of 130.75m H-shares or 1.98% of the company.
Mirxes (2629): allotment results and concentration warning
Company announcement, 22-May-2025
The top 25 holders have 87.95% of the company. The top 25 placees received 87.32% of the IPO shares. 90.11% of the stock is locked up, of which 6.98% until 23-Nov-2025 and the rest until 23-Feb-2026, leaving a free float of 27.33m shares.
Company announcement, 22-May-2025
The top 25 holders have 87.95% of the company. The top 25 placees received 87.32% of the IPO shares. 90.11% of the stock is locked up, of which 6.98% until 23-Nov-2025 and the rest until 23-Feb-2026, leaving a free float of 27.33m shares.
Anthony Chiang Sham Lam and his accounting firm suspended for 3 years and fined HK$500k
Accounting & Financial Reporting Council, 22-May-2025
Mr Chiang's firm audited private companies variously owned by him, his wife and his mother.
Accounting & Financial Reporting Council, 22-May-2025
Mr Chiang's firm audited private companies variously owned by him, his wife and his mother.
CATL (3750): allotment results and concentration warning
Company announcement, 19-May-2025
After exercise of the over-allotment option, there are 155.915m H-shares (3.42% of the company) of which 77.455m are locked up until 19-Nov-2025, leaving a real free float of 78.460m shares. The top 25 H-share holders have 69.65% of the H-shares.
Company announcement, 19-May-2025
After exercise of the over-allotment option, there are 155.915m H-shares (3.42% of the company) of which 77.455m are locked up until 19-Nov-2025, leaving a real free float of 78.460m shares. The top 25 H-share holders have 69.65% of the H-shares.
CFI dismisses appeal by Lai Ka Yi against conviction and sentence for unlicensed activity
SFC, 15-May-2025
SFC, 15-May-2025
Activist investor David Webb hopes HK statutory body will carry on his work
South China Morning Post, 12-May-2025
South China Morning Post, 12-May-2025
SFC fines Sino-Rich Securities & Futures HK$2m and suspends RO Wilhelm Soeharsono Budihardjo for failures in margin lending practices
| Statement of Disciplinary Action
SFC, 12-May-2025
This is Mr Budihardjo's third rodeo.
SFC, 12-May-2025
This is Mr Budihardjo's third rodeo.
Media session with David Webb after the FCC farewell lunch, recorded by Truth Media HK
YouTube, 12-May-2025
YouTube, 12-May-2025
A farewell fireside chat with David Webb at the Foreign Correspondents' Club of HK
YouTube, 12-May-2025
Many thanks to the FCC and to Philip Bowring for hosting.
YouTube, 12-May-2025
Many thanks to the FCC and to Philip Bowring for hosting.
Pre-trial review fixed for prosecution of unlicensed advising on securities by finfluencer
SFC, 8-May-2025
SFC, 8-May-2025
Auntea Jenny (2589): allotment results and concentration warning
Company announcement, 7-May-2025
The top 25 holders have 98.56% of the H-shares and 99.19% of the total issued shares.
Company announcement, 7-May-2025
The top 25 holders have 98.56% of the H-shares and 99.19% of the total issued shares.
4 audit staff charged for alleged conspiracy to defraud over listing of Huarchi Global (ex-2296)
ICAC, 6-May-2025
ICAC, 6-May-2025
PECS Register monthly update
HK Government, 30-Apr-2025
This month's jobs for ex-senior HK civil servants
HK Government, 30-Apr-2025
This month's jobs for ex-senior HK civil servants
SFC fines Interactive Brokers HK$4.2 million for regulatory breaches
| Statement of Disciplinary Action
SFC, 28-Apr-2025
From 2017-2020, due to a programming error, they lent out HK$586bn of client securities without valid standing authorities. They self-reported to SFC in 2020.
SFC, 28-Apr-2025
From 2017-2020, due to a programming error, they lent out HK$586bn of client securities without valid standing authorities. They self-reported to SFC in 2020.
SFC obtains arrest warrant for suspected market manipulator
| Gazette Notices
SFC, 25-Apr-2025
Mr Liu Shaolin allegedly rigged the price of China Hongbao (then Pak Wing, 8316) in 2018.
SFC, 25-Apr-2025
Mr Liu Shaolin allegedly rigged the price of China Hongbao (then Pak Wing, 8316) in 2018.
Previously on Webb-site.com
Check out our full list of articles in the archive, since our launch in 1998.
Check out our full list of articles in the archive, since our launch in 1998.
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