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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5383)	8/29/2005 6:48:08 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

PTR -- one of the most popular China's ADR in the US market, got about 24 billion Yuan through the IPO, and in the last 4 years since the IPO, it already spent 12 billion Yuan for dividend distribution (to the foreign investors). Sounds like ripping off the poor Chinese consumers and reward the foreign investors to me! since all PTR's profit is coming from its state monopoly in China's domestic market. By the same token, all the profit for CHL and CHU comes from two-way charge of Chinese cell phone customers. Wonder any US companies have this type of record?