Andrew To, Executive Director of Emperor Securities Limited, said Chinachem Group holds too many assets, it may invest on its listed companies in the future. However, since the inheritance lawsuit has not ended, the injection may not take place very soon. Once it is over, such is possible.
To added investors are staying on the sidelines for the result announcements of mainland banks and the prospect of assistance to the SMEs in Wenzhou by the Central Government. In addition, there will be new measures to put out next week in overseas markets, it would be more appropriate to take side when the things get settled. (r)
(By an SFC licensed person. )
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