The CEO and controlling influence has himself been made bankrupt, the firm is very close to losing its Hong Kong share listing and in essence seems to be spiralling the plughole.

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The son of tycoon Li Ka-shing, Richard Li recently snatched HKT from the grasp of Singapore Telecom, a government-linked corporation, just as it was about to close a deal for a majority stake in Hong Kong's dominant telco.

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For their foreign real estate companies, like those in Hong Kong, the duo see NAV discounts close to 50%.

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Jing, who is based in Hong Kong, says Chinese regulators are paying close attention to the promised returns from wealth-management products, particularly those that promise the sky.

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In March he thought the Hong Kong market, which often tracks the Dow, was close to a peak.

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And finally we list in London so as to close that valuation gap with, say, listing the company in Jakarta, or Hong Kong.

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Asian markets were mixed Tuesday as investors continued to fret over the situation in Europe, though strong earnings in Hong Kong helped the Hang Seng close higher.

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