China Financial News Headlines

October 18, 2008

Aftermath Of Lehman Bankruptcy

Filed under: financial news — Tags: , , — kinpoo @ 4:06 am -0500

Hong Kong banks has agreed to buy back the market value of bonds Lehman of Mini Hong Kong
Association of Banks announced on the 17th involving a mini-bond Lehman Brothers Bank agreed to accept the distribution of the SAR Government’s proposed buy-back.

Aluminum fled the shocked scene of Lehman robbery
On October 16, the British Daily Telegraph reported that China Aluminum (6.79,0.12,1.80%, right) Corporation (referred to as “aluminum”) held by Rio Tinto (RioTintoplc) as a result of hosting the shares in Lehman Brothers in Hong Kong Account, may suffer heavy losses.

Fubon Bank met with investors of Lehman in Hong Kong
(Syndicated news) a group investors of Hong Kong through Fubon Bank buy Lehman investment-related financial products, and in the morning met with representatives of the bank. Bank press release issued after the meeting, since the bankruptcy of Lehman, it has taken the initiative to contact the relevant customers to explain the possible impact of the incident.

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