3樓提及Hi Greatsoup: i look at the interim report and the unsatisfactory result in the first half was mainly due to margin contraction and reduction in govt subsidy. looking at the figure, reduction in govt subsidy has material impact on the p/l. is it hard to predict things like that for company and we should totally avoid this type of companies??
If you've ever wondered how some sponsors get to the required number of public shareholders for a listing, this ruling spells it out. 87 retail "clients" at the Wanchai Branch of ICEA Securities subscribed in the placing of Lang Chao (now Inspur, 0596) and then sold 8,712,000 shares for $0.005 more than the IPO price of $0.36 on the first day, to a company owned by the sponsor. The allotment results showed only 116 placees in total.