GMANEWS.TV, 9 Aug 2009
HONG KONG - About 100 Hong Kong investors burned by complex financial products linked to failed US investment bank Lehman Brothers protested Sunday, demanding securities regulators help them negotiate a settlement.
Tens of thousands of retail investors in this Chinese-ruled financial hub were hit by Lehman's collapse in September.
Hong Kong securities regulators announced a settlement deal last month for one group of investors who purchased certain Lehman-linked products through local banks, but the agreement did not cover products sold by Singaporean bank DBS Group Holdings.
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