Feb. 22, 2007 (China Knowledge) – Hong Long Holdings <1383>, which makes its trading debut today, received 82 multiple applications and suspected multiple applications for shares that were subsequently rejected, according to a statement filed with the Hong Kong stock exchange, reported The Standard.

The Hong Kong newspaper had reported yesterday of police beginning investigations into alleged incidents of retail investors subscribing to H-share sales of Mainland companies in the second half of last year using multiple identities.

Hong Long, a Chinese property developer, aims to raise HK$450 million by issuing 250 million shares priced at HK$1.80 apiece. The offering has been oversubscribed 168 times.

A Sing Tao Daily report also said that subscriptions for this month's IPO of juicemaker China Huiyuan Juice <1886> are being tracked due to concerns raised by the Securities and Futures Commission.