Dave Leggett | 2 April 2008
To follow up on the item below on Valeo, I've noticed that Valeo shares have weakend on news that hedge fund Pardus Capital Management (19% stake in Valeo) is having difficulties and has stopped investors taking their money out. Hard times for hedgies like Pardus might force them to do some selling. Might be a good time for the Hindujas to stand back and see what happens with Pardus and its Valeo stake.
I'm starting to get a small idea of the scale of things here in China, but really, I'm only scratching the surface of this vast country....
Given the startling complexity of obtaining a journalist visa for China - the code 'J2' is now indelibly stamped on my mind - it was with some surprise how swiftly I managed to sail through airport im...