Friday 2nd January 2015

Dear Reader,

Bubbles galore!

NEW ARTICLE
Kuangchi the stratospheric stock
Our latest New Year bubble worth popping is Kuangchi (0439), HK's top-performing stock of 2014, valued at HK$32.03bn (US$4.13bn) or 16.1x NTAV. (2-Jan-2015)

RECENTLY ON WEBB-SITE
SFC actions risk chilling critics
A New Year's Eve SFAT ruling reveals an SFC action against Moody's for its 2011 "red flags" report, following the recent launch of MMT action against a short-selling analyst. The SFC risks chilling publication of critical opinion and analysis - something we would hate to stop doing. We will be watching the cases carefully. (1-Jan-2015)

Where will it end?
The judge in the Hui-Kwok trial resorted to quoting Sir Humphrey Appleby in rejecting Bloomberg's request for a copy of fund flow charts presented to the jury. (31-Dec-2014)

Some bubbles for New Year
With the exchange shut for 2014, we take a close look at two bubbles and the other listed companies surrounding them. (31-Dec-2014)

And much more besides...
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