Hong Kong regulators should switch their focus from initial
public offerings (IPOs) to block trades.
In-house counsel at IFLRs Asia Capital Markets Forum
argued a new area of legislation was needed to combat industry
problems with block trades, particularly the block-type
situations which followed transformative corporate events.
The reverse takeover followed by substantial block has
become quite common, said Deutsche Banks director and
senior legal counsel, Nghia Luu. That, coupled with the growing