Friday 24th November 2017
Dear Reader,
Time to get active - please support our submission to HKEX at the link below.
By the way, if you are receiving this newsletter, it's probably because you're not using Yahoo mail, which is blocking delivery even to spam folders, removing choice from its users. If your friends use Yahoo, advise them to switch to a better provider that does not inhibit free speech.
NEW ARTICLE
Submission on Capital Raisings by Listed Issuers
Webb-site
responds to HKEX's consultation which, while positive, ignores several key
issues and does not go far enough in others. Have your say! (24-Nov-2017)
RECENTLY ON WEBB-SITE
Updated with response from Gatecoin CEO:
How
one thing leads to another
Starting with an investigation into the banking problems of a digital
token exchange, we follow the trail of the people behind a Vanuatu Bank and a
series of questionable transactions on London's AIM. (22-Nov-2017)
The
CE's damaging tax proposals: a better approach
The Government proposes distortive gimmicks and loopholes rather than
addressing structural issues. Public expenditure has grown faster than GDP,
breaching the Basic Law. Revenues have grown even faster, draining capital from
the economy. Time to return it. A flat rate of 10% for Profits Tax and Salaries
Tax is entirely affordable. What is R&D anyway? New armies of tax consultants
and assessors do not make our economy more productive. (24-Oct-2017)
IN OTHER NEWS
SFC suspends First Credit Finance (8215) - another member of the Enigma Network
SEHK, 24-Nov-2017
HSBC Private
Bank (Suisse) SA fined HK$400m for systemic failures in selling Lehman crap
SFC, 21-Nov-2017
And much more besides...
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David M. Webb
Editor, Webb-site.com