Buffett is eyeing Chinese Banks?

Buffett made money on PetroChina. Is he also looking at Chinese banks? Shares of China Merchants Bank (3968) and Bank of Communications (3328) climbed Tuesday to all-time highs since listing, as heavy trading in warrants drove the lenders. China Merchants Bank, the mainland's sixth-largest lender, closed at HK$11.72, the highest since its September 22 listing and a jump of 6.74 percent from Friday's close. A total of 209 million shares changed hands.


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