State bank funding to help major firms go private
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State bank funding to help major firms go private

Harbin : China | Aug 12, 2012 at 2:53 PM PDT
Source: Chinadaily
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While Chinese stocks struggle to attract US investors, private-equity groups are seeking to buy out some of these companies with funding provided by State-owned China Development Bank. Frustrated by their low valuations, recently delisted Harbin Electric Inc and Nasdaq-listed Fushi Copperweld... FULL ARTICLE AT Chinadaily
 
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