Chinese Financial Institutions Overseas Purchases Might be Risky
ANBOUND
ANBOUND recently criticizes the domestic financial institutions' active overseas purchases since last year. The blind and politic-purpose purchases are usually seen in transnational financial mergers and acquisitions, and the "going out" tide. The financial institutions should be cautious, lay much stress on the persistence and avoid accomplishing whole tasks at one stroke. The investment decisions made blindly and over optimistically might highly risky.