Shedding Light On Tech Pro Technology (03823.HK)

Today (early this morning in Hong Kong), I presented a thesis on why shares of Tech Pro Technology (03823.HK) appear grossly overvalued when compared to its peers.  Here is a summary and presentation of my team's due diligence findings:

• Tech Pro is a company that seems to be suffering from an identity crisis

• We believe the stock price is detached from the reality of our on the ground due diligence and the company’s financials

• Our due diligence raises questions that we believe should be brought to the attention of both the company’s auditor and regulators

• We believe the company will require continued dilutive equity financing to sustain operations

• We are currently short Tech Pro (03823.HK)