Read what Ann Yu said in april 2009:
Ms. Yu stated confidently that as the initiative of the new credit policy of the People's Bank of China goes forward, China Finance, Inc. will experience very prosperous development in investment and surety guarantee loan transactions.
"From this conference, we can clearly see the positive support from the People's Bank of China to the agriculture, infrastructure, ecological and energy saving industries in the aspect of credit and financial services. China Finance, Inc. has always paid attention to the changes of policies in China and deeply researches the new directions of finance, credit and investment fields in China. Moreover, the Company has already proactively deployed positively in investment and credit guarantees in these industries. I have great confidence that in 2009, China Finance, Inc. will gain better performance in concert with China's economic recovery."
And now please read the press release of People’s Bank of China in october 2009:
SMEs’ RMB Loans Grew 28% Over Beginning of 2009
According to the PBC and CBRC, SMEs’ outstanding RMB loans increased 3.08 trillion yuan over the beginning of 2009 to 14.1 trillion yuan (among which 910.2 billion was bill financing) at the end of September 2009, a rise of 28 percent.
CHFI’s stock is going to explode!!!!!