Hong Kong-based engineering and property businesses Hsin Chong Group listed on the Hong Kong Exchange in August 1991. In September 2016, it was attacked by short-seller Anonymous Analytics alleging various corporate governance abuses such as undisclosed related party transactions. It thought the company close to default. Hsin Chong initially denied the allegations but its shares were suspended in April 2017 when it was unable to produce FY16 financials on time. Later that month, the company disclosed that its auditors qualified its financials owing to going concern uncertainties, related party transactions and various other discrepancies. The company defaulted on interest payments in June. It was finally delisted in 2019.

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