China Taisan

China Taisan: not seeing any new updates on the co. The share price rise coincides with the big volumes transacted, starting from 3pm. Low valuations are usually the reason cited for any play on the S-Chips, in particular the textile / fabric producers. Bloomberg data shows China Taisan to have net cash of $141.5m , in excess of its market cap of $108.6m. This suggests investors' skepticism regarding the credibility of S-Chips' balance sheets, in the wake of the numerous S-Chip scandals.