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Current Share Price:  
Blue Orca Capital
Initial Report Date(2016/07/28)Share Price:2.270  Was listed on HKEX and is delisted
Glaucus Research is Short Tech Pro
 Details Link >
Tech Pro Technology Development Limited (HK: 3823) (“Tech Pro” or the “Company”) is a rollup of unrelated businesses: it manufactures and sells LED lighting products, it is a sub-leasing agent for a commercial real estate property in Shanghai, and it recently purchased a French soccer team. In this report we present publicly available SAIC filings, which, in our opinion, indicate that Tech Pro has massively overstated its reported profits and inflated the reported purchase price of its acquisitions. We believe that Tech Pro is an obvious fraud, that its equity is worth HKD 0.00 and trading of its stock should be halted to protect future investors from further losses and hopefully provide a modicum of recovery for shareholders and creditors.
By wantattse 
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