Category: Money tips Release Date: 2006-02-07
China National Petroleum released performance reports for 2005, earned 133.36 billion last year to become Asia's most profitable company. Chinese people are really generous, so such a good company to go overseas on the city, just because Buffett to invest in China, 143 billion of oil profits, which is hardly something that is not only Bataar domestic investors, and even acute reddening . In addition to domestic investors anxious reddening, are we that think, who will face a profit of 133.4 billion of China's oil red face?
Let go overseas listing of China's oil is helping to rely on a monopoly of foreigners in the oil make the Chinese people's money. Do not I talk about great truths, from the law, said China Petroleum and every year for foreign investors, about 10% of the distribution of profits dividend perfectly legal, but domestic investors are not the best enterprises share of domestic profits, then the legal nor fair . We are keen to blame domestic famous university-trained people to go to foreign effect, have consequences for China's enterprises to foreigners to make money showing too much tolerance, and even thought it was vinegar to eat foreign investors. Do you want foreign investors to look through the reap profits because of its monopolistic become champions of the outcome of the China Petroleum and cheer loudly do?
In addition to China's oil, as well as China Mobile, China Construction Bank, to their annual reports every time, and every time they are because of good performance has been popular overseas investors, leading to the rapid rise in stock prices when the domestic investors will say nothing to bear in mind time, will be sad once, will be disheartened once. With financial professionals that the great wave of overseas listing of domestic enterprises to set off would cause loss of state assets, investors cheer this view, we have our own market, on the market system construction, or technical means, we are world-class, we must should also be listed in the country, giving local people to share the results of enterprises, which do not that the state-owned assets?
Some people think that you want to get the first Chinese companies listed overseas, such as domestic capital markets have a good market environment in the country and then return to the motherboard. The idea of good, but not because of the recent Bank of Communications, fear of foreign investors because it diluted the Mainland of China holds the listing of the proportion of campaign against, eventually leading to early return to the domestic market have been dashed. Thus, after the first foreign country practices often lead to high-quality state-owned assets in the domestic market encountered unexpected obstacles and resistance. Foreign investors, domestic investors apparently eating vinegar, how come nothing has been ridiculed for their jealous and shallow and uninformed that they do, can become jealous of their legitimate rights and interests of safeguarding the legitimate actions of it?
In my view, those who clamor for high-quality companies overseas listing of domestic relevant departments, stakeholders should blush. Our ancestors all know that "fertile water must not flow into others fields", "position" the simple truth, are we really modern way of thinking on the less open, looking at James's own cheaper foreigners, while their own people can not invest in loudly praised his selflessness do? It is time should be to enable these outstanding state-owned enterprises landing time for the domestic main board market. As the knowledge of countless ordinary investors, like domestic capital market was covered when the China National Petroleum, China Mobile, China Construction Bank listed companies in the same time, no one Tiantian Han to embolden the bull market, because the bull market have not been invited.
The face of China earned 133.4 billion of oil, although choke reddening, Bataar, we still want to say your voice back to it, our domestic capital market has its own board, where is your home, you should return a place here.
