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Sunday, September 23, 2012 2:07:27 PM
http://www.scmp.com/business/banking-finance/article/1028515/accountants-face-challenge-over-disclosure-state-secrets
"The watchdog is becoming concerned that the increasing number of the companies citing mainland state secrecy laws as reasons for non-disclosure will tarnish corporate transparency and enforcement in Hong Kong.
Lo said if a company could not make a disclosure because its business dealt with state secrets then it was not a suitable listing candidate.
"Investors rely on a company's disclosure to make investment decisions," Lo said."
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