PCCW wins key ruling

Article Abstract:

Hong Kong's Securities and Futures Commission has cleared the city's stock exchange of charges that it had a secret agreement with Pacific Century CyberWorks Ltd. which violated securities rules. The alleged regulatory deal allowed PCCW to operate with negative assets, and the telecommunications company did not disclose certain asset information to shareholders.

Securities and Commodity Exchanges, Government regulation (cont), Security and commodity exchanges, Securities Exchanges, Investigations, Stock exchanges, Securities industry, Stock Exchange of Hong Kong Ltd., Hong Kong. Securities and Futures Commission

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Analysts missed the mark on PCCW stock predictions

Article Abstract:

Analysts who were excessively enthusiastic about Pacific Century CyberWorks Ltd. stock were not justified in their bullishness, as the high-flying stock topped at HK$28.5 and fell sharply to settle around HK$2.70. There were a few analysts who believed the stock was overvalued and advised investors to avoid or sell.

Securities prices, Wireless communications, Column, Wireless communication systems

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Watch inside track

Article Abstract:

Three cases of directors' trade activity, prior to the month they are barred from trading in order to give outsiders a fair chance, are presented. The decisions made by the directors show that following their lead may be fruitful, as in all three examples the directors profited comfortably.

Corporations, Methods, Investments, Executives, Corporate finance

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