Monday 30th November 2009

Dear Reader,

NEW ARTICLE
Asian Citrus fiasco
We look at the background of Asian Citrus, owner of a former Tropicana orange plantation in Guangxi, whose lease was terminated in mysterious circumstances, and the chaotic HK debut last week in which HK$291m changed hands at inflated prices. In response to numerous investor e-mails we consider what action they might take. The HK Law Reform Commission has proposed allowing class actions - add your voice to that.

RECENT ARTICLE
China Strategic bubble (13-Nov-09)
We warn investors of a bubble in the stock of China Strategic, the 80% owner of the proposed buyer of Taiwan's Nan Shan Life Insurance, partly financed by a massive note issue convertible into 78bn shares at $0.10 each. We publish the placing list and analyse the names in the deal. Finally, we warn investors to avoid 7 companies in the "Chung Nam network", which has lost HK$6.2bn in 5 years.

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