Prosecution of Mr. Lau and Mr. Lo on bribery and money-laundering charges will be conducted separately from the latest court ruling for Mr. Ao.

WSJ: Chinese Estates Shares Halted as Macau Weighs Land Seizure

And lo and behold, with this relatively small pot of money, because schools all across the country were so interested in competing, we saw -- already 46 states have initiated legislative changes to move forward on reform.

WHITEHOUSE: Backyard Discussion on Women and the Economy

" Says GEM chairman Lo Ka-shui: "Although the amount of money companies can raise is small, they can still raise capital.

CNN: World's Worst Bourse?

Lau and fellow tycoon Steven Lo, the chairman of BMA Investment, stand accused of bribery and money laundering.

FORBES: Hong Kong Billionaire Too Sick For Corruption Trial, But Prosecutors Say Otherwise

About the guest blogger: Andrea Lo is Co-Founder and of Piggybackr, a fundraising platform that teaches young people how to raise money and connect with sponsors by using technology and business skills.

FORBES: A Startup Founder's Experience With AngelPad Accelerator