The behaviour of the personnels involved gives a clue too. We visited the intent of dual listings in January 2011.
It bothered me everytime they raised funds and redistributed it immediately.
Certain actions by S-Chip baffles me completely though. Hongwei's insider bought massive amounts of share prior to the suspension.
** I have a bit of money stuck in Hongwei.
Quote:I am not impressed by China Gaoxian's action either. IPO at Sep 2009, declare dividend at Nov 2009. It looks like someone is just raising funds and then distributing them again (original major shareholders stand to gain).
http://www.valuebuddies.com/thread-629-p...ht=gaoxian
It bothered me everytime they raised funds and redistributed it immediately.
Certain actions by S-Chip baffles me completely though. Hongwei's insider bought massive amounts of share prior to the suspension.
** I have a bit of money stuck in Hongwei.