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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	12/3/2012 8:22:07 AM
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Lending Money To China's Leading Internet Company Is Now Less Risky Than Lending Money To Google Umesh Desai and Pete Sweeney, Reuters HONG KONG/SHANGHAI ( Reuters) - Chinese search engine company Baidu Inc paid a lower interest rate than Google Inc when it sold $750 million in 10-year bonds last month. China's three dominant dot-com names - Baidu, Alibaba and Tencent Holdings Ltd - have successfully tapped global funding this year, stockpiling a combined $6 billion in debt despite investor skepticism about opaque Chinese companies. businessinsider.com

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