There's a bubble in Thinsoft (8096), suspended with a market value of HK$1,604m and net assets of $33m. Over 95% of the company is in the custody of 2 brokers. We also discuss the archaic practice of parallel trading, which was to have been abolished in 2008. HKEx appears to have given up on that.
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SFC suspends Mr So Kwan Ming for 18 months, reprimands Luen Fat Securities Co Ltd & Mr Yue Wai Keung