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David Webb, Prominent Hong Kong Shareholder Activist, Dies at 60

David Webb founded the Webb-site database and exposed the Enigma Network, championing market transparency and fairness for over two decades in Hong Kong's financial sector.

  • On Tuesday January 13, 2026, David M. Webb MBE died in Hong Kong from metastatic prostate cancer, a social media notice confirmed and the family requested privacy.
  • Born in London in 1965, Webb moved to Hong Kong in 1991, left investment banking seven years later, and served as an independent director of Hong Kong’s stock exchange from 2003 to 2008.
  • He founded Webb-site in 1998, which served journalists, investors and lawyers until its shutdown last year, and his 2017 Enigma Network exposé revealed cross-shareholdings in 50 listed companies, triggering a $6 billion market crash.
  • The family said Webb will be missed and requested privacy; he told AFP, `Having already made enough money to be financially secure, I was more interested in leaving some mark on the system than just dying rich`.
  • In recent years Webb noted excess self-censorship after the national security law imposed in 2020 and served on Hong Kong’s Takeovers and Mergers Panel.
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Associated Press NewsAssociated Press News
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Lean Left

David Webb, prominent Hong Kong shareholder activist, dies at 60

David Webb, a prominent Hong Kong shareholder activist, has died at 60. Known for advocating corporate transparency and investor rights, Webb was respected in Hong Kong's financial circles.

·United States
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Watauga DemocratWatauga Democrat
+11 Reposted by 11 other sources
Lean Left

Hong Kong activist investor David Webb dies at 60

David Webb, a Hong Kong activist investor who campaigned for market transparency and democratic accountability, died on Tuesday aged 60, according to a statement posted on his social media.

·Calhoun, United States
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, January 13, 2026.
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