It will be interesting to see or hear who Mr Xu privately meets with while in town.It may well be he meets with some fund managers and investment banks who may, just may, take over some of his escrowed shares, reducing his ownership to less than a majority.
Result:
- Sovereign risk nil,
- big investors and fund managers in.
- plenty of cash, making a killing.
Ducks are all aligned I say for this re-rate.
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