Thursday, May 7, 2009

China construction Bank - BOA to sell its stake????

Investors largely expect Bank of America <BAC.N> to raise 
about $8.3 billion in capital to bolster its balance sheet if it
sells H-shares in China Construction Bank <0939.HK> when the
lock-in on 13.5 billion shares owned by the American lender
expires on May 7.
Blogged with the Flock Browser