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


To: hui zhou who wrote (2949)3/3/2008 12:34:55 PM
From: RealMuLan  Respond to of 12464
 
Someone posted on yahoo board that one or more high level management in EDU will leave soon, and their CEO said they want to do IPO in China too. I guess they have run out bag holders in the US market so need some new supply in China<g>
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To: hui zhou who wrote (2949)3/3/2008 1:02:43 PM
From: RealMuLan  Read Replies (1) | Respond to of 12464
 
I heard on CNBC this morning, the US bankers are still trying to sell those US toxic waste, so-called AAA rated commercial papers/debt to Chinese bankers, but Chinese do not bite. Hopefully, those Chinese state banks finally realized those ratings are nothing but a joke, and how much risks those debt can be. they are much much worse than the non-performing debt within China!