C'mom Hedge Funds (BLOCK IT !). Payday is near as per the story in China's commie party mouthpiece. The purse string is being loosened to DEFEAT any counter-bid - LOL !
Oh yeah, the Chinese government has been reluctant (LOL) to provide funding (don't play chicken) is now URGING for the state to takeover (as if we didn't know) from HanLong and is TELLING THE WHOLE WORLD about it.
...URGED on by Chinese authorities, Hanlong told the Global Times Thursday....
I don't think HanLong told anybody anything. I think the Commie state apparartus decided to PUBLISH this story for global consumption.
Anyway....
The Global Times (simplified Chinese: ????; traditional Chinese: ????; pinyin: Huánqiú Shíbào) is a daily Chinese tabloid under the auspices of the People's Daily newspaper, focusing on international issues. Its parent is owned by the Communist Party of China.
SDL Price at posting:
32.0¢ Sentiment: None Disclosure: Held