search query: @indexterm Hong Kong / total: 440
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| Author: | Clifford, M. |
| Title: | Can Hong Kong learn to behave? |
| Journal: | Business Week
1996 : SEP 2, VOL. 3475:805, p. 42-43 |
| Index terms: | ECONOMICS FINANCE HONG KONG |
| Language: | eng |
| Abstract: | Hong Kong officials love to boast that their island is the ultimate free market , where the pursuit of wealth is gently but firmly disciplined with Western-style regulation. But perhaps it's time to stop crowing. A long-simmering stock market scandal erupted on Aug. 12, implicating several former highfliers in the colony's clubby business Establishment. Regulators believe those involved breached the rules on corporate takeovers by acquiring controlling interest in a company without making a tender offer to all shareholders, and then selling assets to the company at inflated prices. |
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