Gregory Puff Quoted by WSJ in Article on Hong Kong Stock Exchange Trading Suspensions

The Wall Street Journal quoted Akin Gump Hong Kong partner in charge and Asia practice head Gregory Puff in its article “Hanergy Investors Wait to Cross Suspension Bridge,” which discusses the trading suspensions allowed on the Hong Kong stock exchange.

The article notes that companies and even the exchange itself may request a suspension pending release of insider information and quotes an industry participant who says that Hong Kong regulators take on much of the burden of policing companies.

Puff noted that, in the United States, it is shareholders who often police companies through class action lawsuits, suits that don’t exist in Hong Kong.