China Banks' Thin Line
Beijing canceled the loan:deposit ratio (LDR) cap of 75%. It’s worried. This can be considered to be a similar move as lowering the reserve...
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What's Next For China?
Raids on brokers and traders. Less economic data flow, or spurious upward revisions. Wealth management product holders not getting paid. Defaults...
350 Views
Cocoaland - Bitter Aftertaste
On the 20th July 2015, Cocoaland announced that the deal with First Pacific is off."Official Reason" stated is: The strategic fit offered by...
395 Views
QuickNote: CITIC Secs to sell NSSF H-shares at HUGE discount - Strategic? Hmmm....
CITIC Securities last night announced that it had formed a 'Strategic Cooperation Framework Agreement' with China's National Social Security Fund,...
347 Views
Cocoaland Takeover - A Much Sweeter Offer
First Pacific's offer of MYR 2.70 is at a 22.7% premium to Navis's offer.The implied PE and PBV is at a premium to comps. It's a full offer, and we...
333 Views