Not in Rome (China Insider Trading Normal?)


GOOD:  The U.S. Securities and Exchange Commission filed a complaint

BAD:  In China, insider trading is just one manifestation of a widely accepted insider culture.

UGLY: Insider trading is alive and well in many markets and countries

BOTTOMLINE:  Interesting things can happen in international deals.  As always international = risk

 

Chinese companies call for fairer treatment from foreigners. China’s critics say that these companies still don’t play by the accepted global rules of capital markets. The accusation of insider trading around the $15 billion bid by Chinese oil major CNOOC for the Canadian producer Nexen supports the critics.

Read More: http://blogs.reuters.com/breakingviews/2012/07/30/china%E2%80%99s-insider-culture-stains-cnooc-foreign-bid/

Happy Investing and Networking,

JD Morris

MORE JD MORRIS LINKS:

JD Morris ( http://www.linkedin.com/in/jdmorris )
Red Hook Capital ( http://www.RedHookCapital.com )
Facebook Sell Your Company ( http://www.facebook.com/SellYourCompany )
Facebook Investor Network ( http://www.facebook.com/InvestorNetwork )
LinkedIn Investor Network ( http://www.linkedin.com/groupRegistration?gid=53760 )
LinkedIn Sell Your Company ( http://www.linkedin.com/groupRegistration?gid=2593533 )

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