David Webb is the leading critic of Hong Kong corporate malpractice. Here he says the GEM''s recurrent scandals are hurting capital raising for SMEs, an important component of ong Kong''s economy.
The flotation of CK Life will price at the top end of its indicative range today after predictably overwhelming demand from Li Ka-Shing''s legion of devoted retail supporters.
Now that the dust is settling after the global fall-out in technology shares, some companies are coming back to the public markets. Digitel is one of them.
Bucking the trend of recent issues on Hong Kong''s Growth Enterprise Market, celebrity portal Stareastnet.com''s shares rose in their first day''s trading.
Want to chat with the celebs? Find out the latest gossip from the Chinese entertainment world? Stareastnet.com could be for you. Shares in the company begin trading tomorrow.