Our expert

Our Audit and Assurance Practicing Director and Head of IPO, Paul She, recently interviewed by Sing Tao Daily and expressed his view on the regulations of Hong Kong Stock Exchange on penny stocks and shell trading. Paul mentioned “Banks in Hong Kong are conservative in general, and real estate mortgage is one of the requirements of bank loans. If SMEs encounter difficulties in the IPOs, their business development will be vigorously hampered due to the lack of other financing strategies.” he added “the market price of shell is just an intangible asset which has no effect on shareholders and should not be deliberately crack down by the regulatory authority.”
Click here to read to full article (only Chinese version)
Credits: Mickey Lau from Sing Tao daily (19 November 2021 issue)
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
For more information on the cookies we use, please refer to our Privacy Policy.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.