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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2889)	2/27/2008 1:16:51 PM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

[I am almost certain that most of the money from secondaries have gone to the personal pockets of high level management, board members, and a couple of big major share holders. So this kind of secondaries should have been restricted a long time ago!]--Share issue crackdown may hit China Inc financing Reuters Wednesday February 27 2008 By Lu Jianxin guardian.co.uk SHANGHAI, Feb 27 (Reuters) - Chinese firms looking for money to expand, both at home and overseas, could find it harder to raise financing than they have in years after a clampdown on new share issues.