Asian stock market regulators 1, cheats 0. Yesterday the Hong Kong Securities and Futures Commission won a court order for Hontex to repay its listing proceeds to minority shareholders. The Chinese textiles group was accused of making false and misleading statements in the build-up to its 2009 initial public offering. This is a breakthrough for Hong Kong investors. About time: a raft of corporate governance scandals has crushed enthusiasm for Chinese-listed companies in recent months.
亚洲股市监管机构得1分,欺诈者零分。昨日,香港证监会(SFC)赢得法庭命令,要求洪良国际向少数股东退还其上市所得。该公司被指在2009年首次公开发行(IPO)期间进行了虚假和误导性的陈述。对香港投资者而言,这是一个重大突破。早该如此:最近几个月一系列的企业治理丑闻,浇灭了投资者对manbetx3.0 上市公司的热情。