China’s heavy equipment makers: cracks in the concrete
Hong Kong’s market for new stock listings has taken a sickly turn as concerns about the eurozone and a sharper than expected slowdown in China have rattled nerves. IPOs for Graff of London and several...
View ArticleZoomlion: in case you get steamrollered
You might think that Zoomlion, a Chinese construction machinery maker, ought to focus on bricks-and-mortar projects, but it just can’t seem to resist the siren call of high finance. First it ramped up...
View ArticleChina’s Zoomlion promises investigation as shares suspended, again
If a company suspends shares once amid fraud accusation, it could be merely unlucky. When it does it again six months later, it starts to look like a trend. That is the unfortunate situation that...
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