 Hong Kong (CNN) - Beijing has clamped down on information once publicly available on listed and state-owned companies, hurting the effort of Western investors and companies to gauge whether to invest in - or short-sell - Chinese firms. First reported by the International Financial Law Review, the State Administration of Industry and Commerce now requires company permission before accessing records such as financial reports and shareholder information. Companies that sell credit reports - which give companies a quick read on the background of the firm they are considering doing business with - have been hindered, said Peter Humphrey, managing director of ChinaWhys, an international business risk advisory firm in Beijing. Many believe the move may be in part a backlash against hedge funds like Muddy Waters Research, which prominently took down Chinese timber company Sino-Forest. The hedge fund has led similar short-selling crusade against other North American-listed Chinese firms such as including Focus Media, Rino International, China MediaExpress and Duoyuan Global Water, as CNNMoney reported. All were delisted after Muddy Waters' withering reports, with the exception of Focus Media. But the information clampdown also comes at a sensitive time for Chinese leadership as it readies for its once-a-decade transfer of leadership at the top as President Hu Jintao and Premier Wen Jiabao, who are both in their final year of office. |
  About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback. Recent Posts
@cnni/business on Twitter Follow CNN for insight and analysis into
the world's business news.
We're live from St Petersburg on Thursday's Global Exchange. John Defterios will bring you news and views from #SPIEF http://t.co/iig9ZNSATH
Men's Warehouse $MW, abruptly fires Chairman George Zimmer. This won't be good... I guarantee it. #cnnmoney will have more.
Looking forward to Prez. Obama speech here on Berlin later today. Nukes high on the agenda. Memories of JFK and RR speeches. #cnn
My latest column for Gulf News m.gulfnews.com/business/so-mu…
updated 213 GMT, Jun 20
  |
 |
|
© 2011 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
I do accept as true with all the ideas you've offered on your post. They're very convincing and will certainly work. Still, the posts are very quick for beginners. May just you please lengthen them a little from next time? Thank you for the post.
Wonderful beat ! I would like to apprentice while you amend your web site, how can i subscribe for a blog site? The account aided me a applicable deal. I had been a little bit familiar of this your broadcast provided bright transparent idea
Thanks a lot for sharing this with all people you really realize what you are speaking about! Bookmarked. Kindly additionally talk over with my site =). We can have a link trade agreement between us
You could definitely see your skills within the work you write. The arena hopes for even more passionate writers such as you who are not afraid to say how they believe. At all times go after your heart.
We're a gaggle of volunteers and starting a brand new scheme in our community. Your website provided us with valuable info to work on. You've performed an impressive activity and our entire community can be grateful to you.
You could definitely see your expertise within the work you write. The world hopes for even more passionate writers such as you who aren't afraid to mention how they believe. Always go after your heart.
Hello my family member! I wish to say that this post is amazing, great written and come with almost all significant infos. I would like to peer extra posts like this .
I think this is one of the so much vital info for me. And i'm satisfied studying your article. But wanna remark on few normal issues, The web site style is great, the articles is really excellent : D. Good task, cheers
Excuse, that I can not participate now in discussion – there is no free time. I will return – I will necessariyl express the opinion on this question.
hpixel
Very good idea
It is the amusing answer
What i don't realize is in fact how you're not really a lot more smartly-liked than you might be now. You're very intelligent. You understand therefore significantly in relation to this subject, made me in my opinion imagine it from a lot of varied angles. Its like men and women are not interested until it is one thing to accomplish with Woman gaga! Your personal stuffs outstanding. At all times maintain it up! Cheap Christian Louboutin Mens Shoes for Sale http://clmen2013.tumblr.com/