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Webb-site

@webb-site.com
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Webb-site @webb-site.com · 15/12/2025
dlvr.it
Government strongly condemns activities of the so-called Santa Claus
The Hong Kong Special Administrative Region (HKSAR) Government today strongly condemns the activities of the so-called Santa Claus, a despicable foreign force whose conduct poses risks to the well-being of children and threatens the security and stability of our country.
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Webb-site @webb-site.com · 03/12/2025
dlvr.it
Breaking: remand prisoners in HK reach new record high
Only 54.5% of HK prisoners are convicted
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Webb-site @webb-site.com · 25/10/2025
dlvr.it
The cost of HK's unfair 2-tier profits tax
Scrapping it would recover HK$6.5bn per year of lost revenues
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Webb-site @webb-site.com · 20/10/2025
dlvr.it
Breaking: HK's tobacco duties have collapsed
And what the Government should do about it
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Webb-site @webb-site.com · 16/10/2025
dlvr.it
The HK$2 Joy-Ride scheme in action
Or how not to spend HK$5bn per year of public money
051
Webb-site @webb-site.com · 13/10/2025
dlvr.it
The Webb-site server will shut down on 31-Oct-2025
So is this the last that you will hear from me? Hopefully not! Read on. Source: Webb-site.com | Source date: 13-Oct-2025 20:15
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Webb-site @webb-site.com · 12/10/2025
dlvr.it
20 years of HK-listed Directors' pay
We can now present a nearly-complete dataset of remuneration of Directors, Supervisors and CEOs of HK-listed companies since disclosure on a named basis became mandatory in 2005, up to 2024. Source: Webb-site.com | Source date: 12-Oct-2025 19:00
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
Concentration warning in Capital Finance (8239)
At 8-Sep-2025, the top 25 holders held 90.54%. Source: SFC | Source date: 30-Sep-2025 16:31
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
SFC seeks court order to freeze assets up to HK$394m for investors compensation in suspected manipulation of Grand Talents (8516) shares
Source: SFC | Source date: 30-Sep-2025 16:30
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
SFC fines Roofer Securities Ltd HK$2.1m for mishandling client money
Source: SFC | Source date: 29-Sep-2025 16:30
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
SFC seeks court order to freeze assets up to HK$219m for investors compensation in suspected manipulation of KNT (1025) shares
Source: SFC | Source date: 26-Sep-2025 16:50
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
SFAT affirms SFC decision to fine RaffAello Capital Ltd for sponsor failures
Source: SFC | Source date: 25-Sep-2025 16:41
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Webb-site @webb-site.com · 08/10/2025
dlvr.it
SFC seeks court orders to disqualify ex-directors of Century Energy (8132)
Source: SFC | Source date: 19-Sep-2025 16:30
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Webb-site @webb-site.com · 24/09/2025
dlvr.it
Exeter alumnus David M. Webb MBE makes gift to endow Fellowship in Computer Science
Source: Exeter College, Oxford University | Source date: 24-Sep-2025 23:59
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Webb-site @webb-site.com · 23/09/2025
dlvr.it
SFC bans Richard Charles Heyes, ex-RO of Citigroup Global Markets Asia Ltd, for 5 years
Source: SFC | Source date: 16-Sep-2025 16:31
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Webb-site @webb-site.com · 23/09/2025
dlvr.it
Concentration warning in Shandong Hi-Speed (0412)
At 1-Sep-2025, the top 22 holders held 92.46%. Source: SFC | Source date: 18-Sep-2025 16:31
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Webb-site @webb-site.com · 16/09/2025
dlvr.it
Sanction of Andrew Lo Kai Bong, Executive Chairman of LET (ex-1383) and Summit Ascent (ex-0102)
Source: SEHK | Source date: 15-Sep-2025 18:17
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Webb-site @webb-site.com · 13/09/2025
dlvr.it
SFC reprimands and fines Instinet Pacific Ltd HK$8m for failure to report cross trades to the Stock Exchange
Involving 8,817 cross-trades worth HK$25.9bn. The misconduct occurred from 2012-2018. We don't know when it was discovered or why it took up to 7 years to resolve the SFC's concerns. Source: SFC | Source date: 8-Sep-2025 16:30
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Webb-site @webb-site.com · 13/09/2025
dlvr.it
SFC seeks court order to freeze assets up to HK$82.4m against suspected manipulators of Smartac (ex-0395) shares
Source: SFC | Source date: 12-Sep-2025 17:45
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Webb-site @webb-site.com · 12/09/2025
dlvr.it
AFRC fines Prism Hong Kong Ltd, Kyaw Sai Hong and Yam Wai Man HK$353k for auditing without required registrations
Mr Yam was previously fined by the HKICPA in 2022 for work while he was at Zenith CPA Ltd. Source: Accounting & Financial Reporting Council | Source date: 11-Sep-2025 14:17
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Webb-site @webb-site.com · 10/09/2025
dlvr.it
An open letter to the Board of Bauhaus (0483)
Source: Webb-site.com | Source date: 10-Sep-2025 16:27
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Webb-site @webb-site.com · 07/09/2025
dlvr.it
PECS Register monthly update
The latest activities of retired senior HK Civl Servants. Source: HK Government | Source date: 29-Aug-2025 10:09
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Webb-site @webb-site.com · 07/09/2025
dlvr.it
AFRRT dismisses the out-of-time review application of William Lam Kin Choi
He claimed that he hadn't checked his email or his postal mail and had no internet access for 15 days after returning to HK. The tribunal awarded costs of HK$60k to the AFRC. Source: Accounting & Financial Reporting Council | Source date: 8-Aug-2025 17:00
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Webb-site @webb-site.com · 07/09/2025
dlvr.it
AFRC fines BDO Ltd, Alfred Lee and Amos Pak Tak Lun HK$455k for breaches of multiple audit standards in 2018 audit of Vestate (ex-1386)
We note that on the BDO website Mr Pak now goes by the name of "Peter". Source: Accounting & Financial Reporting Council | Source date: 21-Aug-2025 17:12
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Webb-site @webb-site.com · 07/09/2025
dlvr.it
AFRC fines Deloitte and 2 partners over HK$1.9m for multiple audit deficencies in Tianhe Chemicals (ex-1619) and Sound Global (ex-0967)
The fines are trivial compared to the massive amounts of overstated revenue, fake bank balances and even to the audit fees. The audits date back to 2011-2013. Samuel Wong Tin Chak has retired from Deloitte and is now an INED and Audit Committee member of Bank of Communications (3328). Source: Accounting & Financial Reporting Council | Source date: 28-Aug-2025 16:29
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Webb-site @webb-site.com · 06/09/2025
dlvr.it
Concentration warning in Walnut Capital (0905)
Shares in CCASS not held by the top 20 holders are down to 5.35% at 25-Aug-2025. The last published net asset value of this Chapter 21 investment company was $0.222 at 31-Jul-2025 but the shares closed at $2.28 on 2-Sep-2025. Source: SFC | Source date: 3-Sep-2025 16:31
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Webb-site @webb-site.com · 06/09/2025
dlvr.it
SFC and HKEX collaborate in sanctions against 2 ex-directors of TOMO (6928) for non-cooperation in investigations
One SAR, two regulators of listed companies. An outstanding problem for HK. Source: SFC | Source date: 12-Aug-2025 16:34
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Webb-site @webb-site.com · 04/09/2025
dlvr.it
SFC suspends Chow Tsz Lam, ex-RO of Agg. Asset Management for 1 year for fund management failures
Source: SFC | Source date: 4-Sep-2025 16:48
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Webb-site @webb-site.com · 04/09/2025
dlvr.it
Concentration warning in Tse Sui Luen Jewellery (0417)
At 21-Aug-2025, the top 20 holders have 91.97%. Source: SFC | Source date: 4-Sep-2025 16:31
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
Sanction of Shanghai Henlius Biotech (2696) and ex-CEO Scott Liu Shi Kau
For diverting all of the proceeds of the IPO Placing arranged by AMTD Global Markets (now oOo Securities) into an "investment management agreement" under AMTD. Source: SEHK | Source date: 2-Sep-2025 17:08
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC bans Suen Kin-wing, ex-UBS AG, for life
He's currently serving a 10-year jail sentence for fraud and theft of HK$134m of client money. Regarding client Yu Quan Li, in Suen's sentencing, the judge remarked "I accept that the monies from Yu were very likely originated from organised, illegal prostitution for which Yu pleaded guilty to the related offences and was sentenced to 15 years' imprisonment by the Mainland court." Source: SFC | Source date: 2-Sep-2025 17:21
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
5 more ex-directors of Superb Summit (ex-1228) disqualified for up to 4 years
Source: SFC | Source date: 2-Sep-2025 17:30
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC obtains 6-year DQ of ex-vice-chairman and ED of Zhongda (ex-0909)
Source: SFC | Source date: 31-Jul-2025 16:55
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC bans Zhu Hong for 1 year and fines her HK$400k for fund management failures
Source: SFC | Source date: 18-Aug-2025 16:35
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
Wong Pak Ming to stand trial for insider dealing after pleading not guilty
Source: SFC | Source date: 25-Aug-2025 18:39
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC fines HSBC HK$4.2m for disclosure failures in research reports
Source: SFC | Source date: 26-Aug-2025 16:32
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC fines Deutsche Bank AG HK$23.8m for regulatory breaches
Source: SFC | Source date: 28-Aug-2025 16:30
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC revokes licence of Nerico Brothers Ltd and bans its senior management for life
This relates to the collapse of Target Insurance (Holdings) Ltd (ex-6181) and its insurance subsidiary ("Company X" in the SFC's statement). Source: SFC | Source date: 28-Aug-2025 17:17
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC revokes the licence of Amber Hill Capital Ltd and bans its senior management for life
This relates to the collapse of Target Insurance (Holdings) Ltd (ex-6181) and its insurance subsidiary ("Company X" in the SFC's statement). Surely there should be criminal charges against someone for fraud. Source: SFC | Source date: 28-Aug-2025 17:22
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Webb-site @webb-site.com · 02/09/2025
dlvr.it
SFC seeks court order to freeze assets up to HK$62.5m for investor compensation in sophisticated ramp-and-dump case
Source: SFC | Source date: 29-Aug-2025 17:54
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Webb-site @webb-site.com · 29/08/2025
dlvr.it
A gift to HK on our Founder's 60th birthday
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting! Source: Webb-site.com | Source date: 29-Aug-2025 16:00
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Webb-site @webb-site.com · 29/08/2025
dlvr.it
A gift to HK on our Founder's 60th birthday
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting! Source: Webb-site.com | Source date: 29-Aug-2025 16:00
010
Webb-site @webb-site.com · 12/08/2025
dlvr.it
Concentration warning in E&P Global (1142)
At 31-Jul-2025, 14 holders have 98.99% of the stock. Source: SFC | Source date: 12-Aug-2025 16:31
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Webb-site @webb-site.com · 03/08/2025
dlvr.it
Ex-district manager of Chow Tai Fook Life Insurance gets 41 months' jail for conspiring with downline agents in HK$1.4m commissions fraud
Source: ICAC | Source date: 1-Aug-2025 23:59
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Webb-site @webb-site.com · 30/07/2025
dlvr.it
2 ex-HSBC Premier staff and 2 insurance agents charged with bribery over account opening
According to the ICAC, the husband-and-wife insurance agents referred over 270 clients to the 3 co-defendants for bank account opening at the HSBC North Point branch over 2 years. Source: ICAC | Source date: 26-Jun-2025 23:59
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Webb-site @webb-site.com · 30/07/2025
dlvr.it
Dah Chong Hong ex-salesman Mak Ka Wing gets 47 months' jail for fraud over goods worth HK$12m
DCH is a 100% subsidiary of CITIC (0267) Source: ICAC | Source date: 17-Jul-2025 23:59
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Webb-site @webb-site.com · 30/07/2025
dlvr.it
Li Songxiao, ex-Chairman of Shanghai Industrial Urban Development (0563), surrenders to ICAC after 14 years on the run
2 other defendants are still wanted. Source: ICAC | Source date: 29-Jul-2025 23:59
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Webb-site @webb-site.com · 28/07/2025
dlvr.it
MMT finds Cynthia Chen Si Ying, ex-CoSec of Dan Form (0271), and her Mainland associate Wen Lide, culpable of insider dealing
Source: SFC | Source date: 17-Jul-2025 18:25
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Webb-site @webb-site.com · 28/07/2025
dlvr.it
SFC fines Arta Global Futures Ltd HK$3.4m and suspends its ex-RO Li Chun Kei for regulatory breaches
Another case involving sub-accounts and the Xinguanjia software "broker supplied system" produced by Hengxin Software Ltd. Source: SFC | Source date: 3-Jul-2025 16:41
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Webb-site @webb-site.com · 28/07/2025
dlvr.it
Market manipulators Lin Tai Fung and brother-in-law Or Chun Nin sentenced to community service for up to 240 hours
Source: SFC | Source date: 10-Jul-2025 17:36
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