- From Late Latin Sinae ("the Chinese"), from Arabic الصين (aʂ-ʂīn, "China, the Chinese"), from Sanskrit चीन (cina, "China"), from Mandarin 秦 (qín) in 秦朝 (qín cháo, "Chin Dynasty"). (Wiktionary)
“Ardell is leading Sino- Forest's internal investigation of Block's allegations.”
“Greenheart Group Ltd., the Hong Kong-based unit of Sino- Forest Corp., slumped 26 percent to 74 Hong Kong cents, paring a drop of as much as 40 percent.”
“Paulson & Co., the hedge fund that had been Sino- Forest's largest shareholder, said last month in a letter to clients it sold its entire 12.5 percent stake and had lost C$462 million $486 million since May 31 on Sino-Forest.”
“The ratings cut "reflects Moody's expectation that Sino- Forest's operations have been adversely impacted by the current investigations," Ken Chan, a Moody's vice president and senior analyst, said in the statement.”
“Standard & Poor's Ratings Services on June 30 lowered Sino- Forest's long-term corporate credit rating to B+ from BB and placed it on CreditWatch with negative implications.”
“Martin said the internal investigation has shown Sino- Forest needs to change its systems and improve its staffing.”
“While the investigations continue, Sino- Forest's cash position is weakening, according to Annisa Lee, a credit analyst at Nomura Holdings Inc. in Hong Kong.”
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