Chinese telecoms provider China All Access (CAA) listed on the Hong Kong Exchange in September 2009. In December 2016, it was attacked by anonymous short-seller Triam Research alleging fraud. CAA successfully fought off the accusations. However, in May 2018, the company's share price collapsed, possibly owing to a margin call. A few days later, CAA announced the sale of a large portion of its business for what seemed like a very low price. The company appears to have lost control of this subsidiary without recieving any consideration. In July 2019, CAA received a writ of summons for US$95m which was due. Its shares were finally suspended in March 2021 for failing to produce audited FY20 financials and the company is being wound up.

Last updated March 2022

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