In this article

Disclosure of Pledges, 7-Sep-2004
After recent one-day crashes in several stocks, there is renewed focus on the need to disclose share pledges. Some, including the CEO of HKEx, have suggested that this can be dealt with in the Listing Rules. But they are missing the point - HKEx has no jurisdiction over shareholders. There is a simple solution - remove the exemption of banks and brokers from the disclosure law.


Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top