On May 15th, David Webb published a report called “The Enigma Network: 50 stocks not to own,” in which he brought to the public’s attention a complex network of cross-shareholdings and related transactions between a number of companies listed on Hong Kong’s main board and its Growth Enterprise Market. We had previously re-posted the report as […]
Day: 28 June 2017
Stephen D. King Speaks At The FCC (HK)
Stephen D. King, senior economic adviser at HSBC, recently spoke at the FCC in Hong Kong. He discussed some of the key themes from his latest book, Grave New World: The End of Globalization, The Return of History, including why the globalisation agenda is being rejected and how a return to “autarky” might risk economic and […]
Fidelity, Value Partners Increase TK Group Stakes
FIL Limited (Fidelity) and Value Partners have both recently increased their stakes in the HK-listed TK Group Holdings (TK Group). According to a filing submitted to the Hong Kong Stock Exchange on June 23rd, 2017, Fidelity bought 23,054,000 shares off the exchange at an average price of HKD 2.95 per share on June 20th (total […]