财新传媒 财新传媒

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From my English blog at Linkedin.

Flattering research!

The bosses of companies listed on China’s domestic stock markets often blush when reading research reports on their own companies. They privately admit they are not nearly as good as portrayed by those reports.

When some analysts named Eastern Communications a key player of the 5G revolution, management felt compelled to clarify that they “do not possess such technologies”.

“Shut up! You do”, shouted some minority shareholders.

Why allow the fact to stand in the way of a good story?

#analysts #china
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张化桥

张化桥

1392篇文章 2年前更新

香港慢牛投资公司董事长。瑞士银行11年 (研究主管/投行副主管)。86-89年任职人行总行。五年(2001-05)"机构投资者"杂志评选的中国分析师第一名。

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