Will egomaniacs destroy Asian bond portal?

Bonds in Asia stopped trading yesterday (and faces closure) because one of its shareholders vetoed a sale.

Asian local currency bond trading portal, Bonds in Asia is facing extinction thanks to the intransigence of one of its shareholders. The bond trading platform stopped trading yesterday, and many traders have been wondering what is going on.

The Hong Kong regulator, the HKMA is also said to be wondering what has happened to the Hong Kong based company that as recently as March had 15% of the local bond market turnover. With Hong Kong scarcely able to deal with another PR blow after a 2003 barrage of bad news it wil be sensitive to the issue and will probably come down hard on the bank that is set to force the platform's...

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