Daikin Inds Ltd ADR (DKILY) 187.1700 $DKILY M
Post# of 273254
Morgan Stanley pushed murky China stock to market
By JEFF HORWITZ - AP - Thu Nov 13, 9:57AM CST
WASHINGTON (AP) — The pitch to investors described a company on the verge of spectacular success: a Chinese firm making sophisticated, high-end chemicals used to fight fires, stain-proof fabrics and toughen touchscreens. Tianhe Chemicals Group Ltd. boasted rock-bottom labor costs, unique manufacturing techniques and net profit margins triple those of competitors such as DuPont Co. and 3M Co.
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