Friday 30th November 2007

Dear Reader,

NEW ARTICLE
Deutsche Bank's toxic derivatives
Two years ago, we successfully deterred the issuance of further toxic convertibles by listed companies in Hong Kong. Now we find that another bank is peddling toxic derivatives to small listed companies, including three small, apparently cash-rich, HK-listed industrial companies from Fujian. Both sides are to blame. Listed companies should only use derivatives to reduce risk, not to increase it, and banks should not be selling such unsuitable and toxic products to unsophisticated clients.
http://webb-site.com/articles/toxicderivatives.asp
 

RECENTLY ON WEBB-SITE.COM
Choi's choice of degrees (21-Nov-07)
We examine the academic qualifications of Francis Choi Chee Ming, founder of private toy company Early Light and Vice Chairman of Regal Hotels (0078) and Town Health (8138).
http://webb-site.com/articles/francischoi.asp
 

PASS IT ON!
This free, no-spam newsletter goes to over 16,000 practitioners, issuers, regulators and investors in Hong Kong's markets. It's not-for-profit, so we depend on referrals. Invite a friend to subscribe! Click the link below:
https://webb-site.com/pages/refer.asp

Visit our archives, and do your due diligence homework before you invest:
http://webb-site.com/articles/

COPYRIGHT NOTICE
This e-mail and small extracts of any article on the site may be freely quoted in any other publication but ONLY if attribution is given to Webb-site.com.

____________
David M Webb
Editor, Webb-site.com
http://webb-site.com