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Guo Xin Toxin
In a follow-up to our story on the Interchina bubble, we tell you about Guo Xin Holdings, which is controlled by the same man after he bailed it out of difficulties. Guo Xin is trading in a bubble of 7x net assets, and Mr Zhang has already dumped stock and got his money back and $129m cash on top, while holding shares and warrants currently priced at $491m. You have been warned.