I have been thinking for a while CRHL may well be looking to snap up GXY, 2 directors step down from CRHL still on GXY board GXY SP driven down CRHL SP driven down. I think they are loading up under radar they where putting together 750 mill investment fund 12 months ago. Looks like its now sorted.
http://www.chinadaily.com.cn/cndy/2011-07/22/content_12956573.htm