This year, a Hong Kong IPO, Luen Wong Group Holdings Ltd has gone up by 6715 per cent, with little threat of a designation by the stock market regulator.
Back home, how can we forget that in 1994, our trading volume could even beat the New York Stock Exchange.
But today, trading volume have dried down due to too many surveillance. It's time for the regulators to LEGALISE market making here.
Do that, and you will see that even in Kuala Lumpur,we still know how to Feng Tao.
