Au, Tung Chi 歐通志

Kin Don't
We have a rule of thumb when investing in small-caps: if a stock is going to implode, it will usually do so within the first 2 years after listing. Suit maker Kin Don provides an excellent example of this. Enjoy this horror story of questionable announcements, timely directors' dealings and several demonstrations of how to exploit Hong Kong's weak regulatory framework. (1-Sep-2000)

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