On its first day of trading on Growth Enterprise Market GEM on 7 December, Trasy Gold Ex, developer and operator of a proprietary system for electronic trading of precious metals, saw it's share price jump by as much as 50%. Why Because they say in Hong Kong that anything Li Ka-shing touches turns to gold. And Trasy Gold Ex Trasy has been very keen to associate itself with the tycoon.
However, Li Ka-shing's actual involvement in Trasy has been little more than an academic and PR exercise so far. Trasy Gold Ex, which listed yesterday, raised HK$51 million $6.5 million from placing 242.8 million shares at HK$0.21 per share. A further...
