Finet small shareholders questioned more than suspected of deceiving investors acquisition

 High-clear

Xinhua News Agency has been telling stories to investors, the former Chairman of the Board I just was not a heart to really sink their careers to do business, he keen to fast money, tell stories, it is 'concerned' Finet stock. breath over the phone to the

minority shareholder challenge new game 3 months, there have been profitable, is expected to be profitable days of Chang 2008, 2009 net profit rate of 30%. I just, and expected 2007 revenues of up days Cheong 4,000 million in 2008 to 1 million and double again in 2009.

Finet stock purchase, he has been concerned with its dynamic and constantly gave Finet board, when he was Chairman of the Board, and was more than just Finet acquired online game company e-mail, For more information, and also Chairman of the Board, and the remainder when he just had mail traffic, and finally progressed to more than just meeting in Shenzhen.

in early 2011, Zhang Qi from the relevant report noted that Shareholders easy to master, has been dissolved, the ongoing work related to closure. cheating small investors.

and intimidation, I am confused, I have had thoughts of suicide. substantial acquisition community before the change of auditors questioned; on Finet News Center in Hong Kong (Note: The actual is more than just the control) had declared days of Chang Corporation (Note: Shanghai Longyou company formerly known) in 2008 to a profit 2009 net profit rate of 30% challenge; Finet publicly declared that it would launch 3-5 new models and the reality game 3DMMORPG; Red Cliff, why not the regular game trademark notice published; increasing value in the case of land, 9, 2008 25 Finet cash sale of land in Hangzhou 2,000 million yuan, which was known to buy the land valuation day Cheong 60000000 Shique questioned and so on. These reports are suspected of misleading and fraudulent.

Zhang Qi believes that the acquisition of Finet case in a number of fraud exist in the behavior of small shareholders, through the issuance of good news, driving up stock prices, cover operating capital flight. Acquisition of China from 2007 years ago, commercial telecommunications, to the 2007 acquisition of online games company, acquired in 2010 mobile phone operators are so financial information. In particular, the acquisition of the online game company to make good after the Finet stock of 0.95 yuan from the highest down to the poor of 0.068 yuan. Today, Zhang Qi to come out to challenge Finet, Chairman of the Board when he was questioned more than just, and hoped to seek the assistance of the relevant legal institutions, and take the path of his rights. As of press Finet stock at 0.385 yuan (Note: Observing the factors that have been deducted, the actual price 0.385 / 5 = 0.077 yuan).

difficult to numerous rights of minority shareholders

with Zhang Qi told reporters after a presentation of things, between the shareholders meeting, which is a strange fact that the phenomenon is abnormal. can be administered directly to the Bureau of the Hong Kong Stock Exchange or the prosecution of more than just the other departments. just

. Gang, repeated to the media to Finet acquisitions, operations and profitability, growth, and so say something. For these remarks on behalf of listed companies, constitutes false advertising and the ability of small investors and the secondary market form of economic loss causation required under Hong Kong law to judge, and the behavior of listed companies such regulatory authority of the Hong Kong Securities and Futures Commission. can be reported to the Securities Regulatory Commission; if so and wish to make financial compensation should be to the competent court. Zhang Qi, represented by small investors, such as the existence of that Finet false or deliberately misleading propaganda acts shareholders may be directed to the Commission complaints; as a result of For the Chinese community to the financial requirements of financial compensation, they should be the principle of territorial jurisdiction to Hong Kong court for compensation of the complaint.

Mexico Thai Law Group Deputy General Counsel Qi Xiaofeng from the case and the legal rights of causality perspective of both the difficulty of his views, he told reporters: consider the idea of a civil and criminal in two directions: one from a civil point of view, act as an investment, Mr. Zhang and Finet, and I just are 'businesses and customers' relationship, whether to invest, how to invest their decisions made by Zhang himself, even if I will be just the 'recommendations', but his decision was in the hands of Mr. Zhang. I just was neither an agent nor do by 'fraud or coercion' means that Zhang President make a decision, so the loss of Mr. Zhang is or should be more than just financial compensation for the Chinese community, need to be further to prove; two from a criminal point of view, according to Mr. Zhang's statement to determine more than just Finet there fraud in connection intentional, this act of alleged fraud of Mr Cheung's investment decisions will inevitably cause interference. But this deliberate and interference, would constitute the Mainland and Hong Kong in the criminal law on fraud 'subjective intent', in practice it is worth questionable, especially in this case belongs to the behavior of investment securities. I think that the entity to determine if the case can be resolved by evidence, then the program is limited so embarrassed Zhang Qiwei the biggest obstacle to the right.

Qi Xiaofeng lawyer explained that the object of rights Zhang Qi For Hong Kong Finet, and I just suspected of the infringement (including acts took place and the results of ground) in Hong Kong, according to the Procedure, Court has jurisdiction, but only in theory, in practice very difficult to cross the small shareholders Zhang directly Finet home court in the domicile of the plaintiff filing suit.

rights for their own behavior, Zhang Qi that after careful consideration, he told reporters: justice. Perhaps not satisfied with the results, but millions of Hong Kong stocks for the investment of small investors to make a model is worth.