Activist investor calls Hong Kong market rout

Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

HONG KONG (Reuters) – Six weeks ago, David Webb, an activist investor and former director of the Hong Kong exchange, issued a report titled “The Engima Network: 50 stocks not to own”. On Tuesday, most of the shares he named abruptly plunged, pointing to chronic regulatory problems over small-cap shares in the Asian financial hub.