Replies to post #75648 on China Growth Stocks

[ratobranco]

Cash - Yep, and if you want proof, see p.2 of

http://www.research.hsbc.com/midas/Res/RDV?p=pdf&key=jKHS0TbvVD&n=290539.PDF

The demand deposit rate in China is .36%. It is impossible to generate a return less than that in China, but some of these companies are generating returns as low as .06%. A huge red flag.

[viking86]

Maybe the cash is there but it has been pledged "under the table" to secure a third party loan? Check out these posts by BullMarkets and Koufax on the CCME board:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61089724

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61136041