GLG News Analyses of the following article:
Morgan Stanley's China property head resigns
Published at: www.reuters.com
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Morgan Stanley to raise cash or to withdraw before storms come
January 8, 2009
Morgan Stanley had been very aggressive in Asia's real estate market in the past 5 years. The resignation of its star dealmaker in China either sends us a signal that real estate bubble in Asia may burst or that Morgan Stanley is trying to raise quick cash.
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