BHP 0.85% $44.39 bhp group limited

china wants more than 9 percent of bhp

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    Bring all the speculations out....we want a runner ! :)))

    China reportedly in early stages of trying to buy BHP stake

    China is in the early stages of trying to secure a bigger chunk of BHP Billiton than the 9% in Rio Tinto than it purchased alongside Alcoa , according to a report on The Australian's Web site, citing sources in Beijing. The plan to buy a stake in BHP is under development, with Chinese authorities yet to determine which state-owned financial institution or steel mill - such as the largest, Baosteel - might take the lead role in seeking sellers within BHP's diverse shareholder base, the report added. Australian Prime Minister Kevin Rudd is meeting Chinese President Hu Jintao and Premier Wen Jiabao this week.

    http://www.marketwatch.com
 
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