Wong, Marcellus Yui Keung 王銳強

Webb on "Backchat" re Salaries Tax and Profits Tax
RTHK, 30-Jan-2019
Hiding behind the cornerstones
Webb-site reveals that investors who took 31% of a bank IPO had secretly laid off their risk by issuing derivatives to a mainland property developer from the same city, via two HK-listed companies which incidentally are bubble stocks. When we complained, HKEX did not require disclosure of the bank’s identity, thereby preserving the secrecy behind the cornerstone investors which facilitate HKEX’s IPO business. Once again, the regulatory conflict of interest is exposed. (3-Oct-2016)
Webb on "Backchat" re tax & budget
RTHK, 23-Jan-2014

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