Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic
Hong Kong activist investor David Webb, best known for running the Webb-site.com database and for his “Enigma Network” stock report, has died aged 60, according to a notice posted on one of his social media accounts. The post said he “passed away peacefully in Hong Kong” from metastatic prostate cancer. Webb built a following among investors and market professionals by publishing blunt critiques of companies and regulators, and by compiling corporate and market data that was free to the public. In 2020, he said he would step back after a prostate cancer diagnosis but added: “don’t count me out yet,” while estimating he had sent more than 1,000 letters to Hong Kong Exchanges and Clearing and the Securities and Futures Commission.
