THE problem with shareholders in Hong Kong is that they are not organised.
It is great to hear that the Securities and Futures Commission is planning to create a financial information centre to act as a data base for shareholders.
Armed with information from the centre, it is argued, shareholders will be able to defend their rights better.
The corporate governance debate in Hong Kong has shifted.
From complaining and wailing about oppressed minority rights and castigating individual companies for particularly nasty cases of abuse, the debate now appears to be focusing on the shareholders themselves.
Former SFC executive director Robert Gilmore summed up the debate, saying shareholders should be pro-active. They should get out there and fight for their rights.