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Bloomberg: New nonperforming loans amounted to more than 60 billion yuan ($9.6 billion) in the first two months of this year, compared with 100 billion yuan for all of 2013, China Business News reported
http://www.bloomberg.com/news/2014-...o-rises-significantly-huarong-asset-says.html
Tell it to the relatives of the Flight MH370 and South Korean Ferry disasters..
4 month of contraction: HSBC's (Flash) China Manufacturing April PMI hit 48.3
Below 50 = contraction
China factory activity shrinks for fourth month
http://www.reuters.com/article/2014/04/23/us-china-economy-pmi-idUSBREA3M03620140423
if economy is getting worse, why are there some acquisitions happening over our stock exchange lately? why not these smart bosses wait for market to clash or go lower to offer their acquisitions?
Thought before action is important, thought without action is futile
No, everything will not be OK, they may end up worse than present
Unless you DO something to … … …
Now, if you don’t mind, I need to go and look for shorting opportunities
Yes, Mr Li is selling off his China assets.
Li Ka-shing offloads last major mainland property
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140411000034&cid=1202
Spland, HPL are now on acquisition. These bosses are very smart too.
Is it near ? Have they washed the curtains ?![]()