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"Investors expect a discount during the new share offering, so they are short-selling first," Nora Hou, an analyst at Deutsche Bank AG in Taipei, said by phone.
"Investors are hoping this means Chinese investors will be allowed to buy the stake," Deutsche Bank AG analyst Nora Hou said. "Chinese investors are more willing to pay a ...
The partnering with ICBC will help Cathay expand further in the Chinese market, Nora Hou, an analyst at Deutsche Bank AG, wrote in a note late yesterday.
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