Massive interbank lending squeeze going on in China


One of the intentionally aged teas, Pu-Erh has a loyal following.

Re: Massive interbank lending squeeze going on in China

Postby shah82 » Jun 26th, '13, 17:48

I can't translate the image.
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Re: Massive interbank lending squeeze going on in China

Postby apache » Jun 26th, '13, 17:59

Basically MTF asked all the Dayi sellers stop trading with Donghe or else ...

Other memebers' posts are just speculating the reasons for it.
Last edited by apache on Jun 26th, '13, 19:21, edited 1 time in total.
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Re: Massive interbank lending squeeze going on in China

Postby fdrx » Jun 26th, '13, 18:06

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Re: Massive interbank lending squeeze going on in China

Postby shah82 » Jun 26th, '13, 18:29

I don't think you realize what I think you have done fdrx...going to check those out. If it works, well, there are lots of Pu erh Teapot Huashan to run this through...

Whups, doesn't work for me. Needs some drag'n drop functionality there...
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Re: Massive interbank lending squeeze going on in China

Postby apache » Jun 26th, '13, 19:16

Here are the text prepared by apache:

關於嚴禁渠道服務商、專營店
與東和茶葉公司發生業務往來的通知

尊敬的客戶:
您好!維護市場秩序的穩定是大益集團、渠道服務商、專營店合
作合同的共同義務。為穩定大益茶價格體系的穩定,維護良好的經營
秩序,保障大益營銷體系穩定發展。嚴禁大益茶營銷體系內的渠道服
務商及專營店與廣州芳村東和茶葉公司進行業務往來,如進行業務往
來被公司核實後,公司將取消與服務商或專營店的合作關係。

特此通知!



勐海茶業有限責任公司營銷中心
2013年6月21日



Now you can copy and paste then Google-translate them. :mrgreen:
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Re: Massive interbank lending squeeze going on in China

Postby Catfur » Jun 26th, '13, 20:54

What is Donghe?
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Re: Massive interbank lending squeeze going on in China

Postby debunix » Jun 26th, '13, 21:02

Google translate makes that page quite entertaining....

"But to get to pack Drainage baa?"

and

"Drinkers mentality!"

But enlightens me not a bit as to what the discussion is really about.
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Re: Massive interbank lending squeeze going on in China

Postby apache » Jun 27th, '13, 04:22

Catfur wrote:What is Donghe?

Donghe is a Dayi tea whole sale trading company in Fangcun Guangzhou.
http://www.donghetea.com/

Recently, they also set up chart displaying the price record of each type of Dayi tea. Here's the price record of Longyin since early may.
http://www.donghetea.com/goods-773.html

The whole set up is a bit like trading shares in the stock market.

They also have a retail site on TB:
http://donghepuer.taobao.com/?spm=a1z10.1.w2-17582326910.1.HL6xkC
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Re: Massive interbank lending squeeze going on in China

Postby apache » Jun 27th, '13, 04:43

debunix wrote:Google translate makes that page quite entertaining....

"But to get to pack Drainage baa?"

and

"Drinkers mentality!"

But enlightens me not a bit as to what the discussion is really about.

The whole discussion is about "Why MTF asked all other Dayi traders sever any link with Donghe? What effect would be on the price? Would Donghe start selling fake etc."

"Drinkers' mentality" means puerh tea drinker would like to see the price goes down.
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Re: Massive interbank lending squeeze going on in China

Postby SilentChaos » Jun 27th, '13, 05:23

apache wrote:The whole set up is a bit like trading shares in the stock market.


Dayi isn't a share on the stock market?
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