Morgan Stanley has a 34% stake in China International Capital Corp, which was the top share underwriter last year, but it is a passive one.
大摩已经占有中金公司34%的股权，它也是去年最大的股票承销商。但它的业务主要是消极业务。
Morgan Stanley also owns a passive 34% stake in China's first joint-venture securities firm, China International Capital Corp.
摩根·士丹利目前被动持有中国首家合资证券公司中国国际金融有限公司(China InternationalCapital Corp .) 34%的股权。
The logic of this deal is hard to follow – not least because Shanda paid a premium to the market price for the Legg shares, something that almost nobody ever does for a passive minority stake.
这笔交易的逻辑有些难懂，尤其是因为盛大集团给美盛股份的开价高出了市场价。对于不会为购买者带来主动权的少数股份，几乎从来没人这么做过。
The logic of this deal is hard to follow – not least because Shanda paid a premium to the market price for the Legg shares, something that almost nobody ever does for a passive minority stake.
这笔交易的逻辑有些难懂，尤其是因为盛大集团给美盛股份的开价高出了市场价。对于不会为购买者带来主动权的少数股份，几乎从来没人这么做过。
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