Saturday 23rd March 2019
Dear Reader,
NEW ARTICLE
The national
investment fund that isn't
A Friday night announcement
illustrates all that is wrong with HK's Listing Rules for closed-end
funds. (23-Mar-2019)
RECENTLY IN WEBB-SITE REPORTS
Hopewell
and the lemon discount
What does the ability to take a
company private for 57 cents on the dollar say about the future of HK's public
market? Failure to reform HK's laws and regulations to improve the corporate
governance framwork will see the market shrink over time as good companies stay
away and controllers take existing companies private. (22-Mar-2019)
Inside the Kingdee bubble
It appears
to be a Shenzhen success story, conquering the World with the "Chinese
management model", but we burn through the techno-fog of the disclosures and dig
deep inside the accounts. You won't like what you see. (18-Mar-2019)
And much more besides...
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David M. Webb
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