PIPSI Report
The report by the Government-appointed Panel of Inquiry into the recent "Penny Stocks Incident" was released on Tuesday. Webb-site.com looks beyond the blame game and into the recommendations for structural reform of the regulatory system. (15-Sep-2002)

• Orgs
  • GEM Listing Committee
  • HONG KONG EXCHANGES AND CLEARING LIMITED
  • SEHK Listing Committee
• People
  • Kwong, Ki Chi 鄺其志
  • Ma, Frederick Si Hang 馬時亨
• Topics
  • Financial regulatory structure
  • Listing rules
  • Statutory backing of Listing Rules

Penny-stocks minister says 'I'm sorry'
South China Morning Post, 12-Sep-2002

• People
  • Ma, Frederick Si Hang 馬時亨
• Topics
  • Financial regulatory structure

PIPSI Submission
The HK Financial Secretary appointed a 2-man Panel of Inquiry into the recent "Penny Stocks Incident". In the interests of transparency, Webb-site.com is publishing the letter we received from PIPSI and our submission in response. (18-Aug-2002)

• Topics
  • Financial regulatory structure
  • Listing rules
  • Statutory backing of Listing Rules

The Delisting Fiasco
Despite clear warnings of the consequences, HKEx on Thursday announced proposals to delist companies that fail to meet certain criteria of market cap, shareholders equity, profitability, clean audit reports or nominal share prices. The rational consequence was a crash in micro-cap stocks on Friday, followed by a hurried Sunday afternoon withdrawal of the proposals, for now at least. We give you the background. (29-Jul-2002)

• Topics
  • Financial regulatory structure
  • Listing rules