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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (5297)	12/19/2003 4:52:55 PM
From: Yogizuna	Respond to of 108962

>>>The market is less of a casino than it was, says Mr Green, but that does not make the Middle Kingdom a haven of good governance. Contrary to what one might hope, the performance of companies that list in the domestic markets in Shenzhen or Shanghai usually deteriorates after they come to the market. That is partly because companies massage their numbers to enable them to get a listing, but it is also because company managements feel little compunction about fleecing shareholders, domestic or foreign. Of the hundreds of lawsuits filed, the China Securities Regulatory Commission has allowed only a handful to proceed.<<< That is a huge red flag there, no pun intended... <g>