Wednesday, June 22, 2005

UBS and Bank of China

UBS is going to purchase 500,000,000 to 1,000,000,000 dollar stock of Bank of China. They two will talk about this issue this year. The stock of Bank of China will come into market in Hongkong next year. Many banks are thinking about Bank of China's stock and will negotiate with Bank of China later this year.

This time, the first time, Bank of China coming into market plan to sell nearly four billion dollar stock. It must affect the world market a lot.

Now I am not sure whether this news is true or not. If it is true, it must affect the world market a lot.

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