Thursday 22nd November 2018
Dear Reader,
NEW ARTICLE
China
Huarong seeks erasure of Lai Xiaomin
You might want to hang on to a bit of corporate history. (22-Nov-2018)
RECENTLY ON WEBB-SITE
Companies
Registry illegally overcharged users HK$3.6bn
The CFA has ruled that Trading Funds must not seek distributable profit
or pay "notional tax". Webb-site finds that the Companies Registry has
overcharged users HK$3.6bn since 1998, making up to a 94% return on fixed assets
against a target 5.7%. The illegal excess should now be returned by waiving
fees, including scrapping the Great Paywall of HK on corporate information. It
should not take another judicial review to do so. (19-Nov-2018)
41
endangered stocks
If HKEX proceeds with an ill-conceived Listing Rule change, companies
with disclaimed audit reports for 2019 will be suspended and likely delisted,
victimising minority shareholders. We now list those with disclaimed audits up
to 30-Jun-2018 which would be affected if the rule applied today. Make your
submission to stop this nonsense! (17-Nov-2018)
And much more besides...
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David M. Webb
Editor, Webb-site.com