not willing to spend even the minimum for supporting the shareprice.
And this is EXACTLY the reason why we are trading at 7% of book. Because these companies are all the same. 9 out of 10 Chinese companies won't do a GD thing like paying dividends. You heard Dan today.
This is the reason why we all have to pay with our "blood, sweat and tears". And why this is a walk in the park for short sellers (if they are out there) or manipulative market makers.