2010/12/17
"Yuan bonds soar as currency appreciation hopes spur demand" from South China Morning Post
"Expectations for the fastest currency gains among the so-called BRIC nations of Brazil, Russia, India and China are adding to the allure of yuan assets, even as Chinese regulators tighten limits on fund inflows. New issuance will help drive up the average daily turnover of so-called dim sum bonds as much as sixfold to 300 million yuan (HK$349.29 million) by the end of 2011, from 50 million yuan this month, according to Standard Chartered."
2010/11/09
"Michelin" from Bloomberg Businessweek
"A surprise share sale"
"The world's No.2 tiremaker on Sept. 28 announced a $1.6 billion share sale to finance its global expansion."
"Proceeds from the rights issue will be used to fund construction of new factories in emerging markets, such as India, Brazil, and China, where tire sales are growing by an average 9 percent a year, compared with 2 percent in mature markets such as Europe and the U.S."
"The world's No.2 tiremaker on Sept. 28 announced a $1.6 billion share sale to finance its global expansion."
"Proceeds from the rights issue will be used to fund construction of new factories in emerging markets, such as India, Brazil, and China, where tire sales are growing by an average 9 percent a year, compared with 2 percent in mature markets such as Europe and the U.S."
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