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。
Gazprom wanted to be involved: last year it agreed with Shell to swap a share in Sakhalin Energy for a stake in a Siberian field. Then the cost overrun was announced, and Gazprom squealed.
Gazprom也曾想过参与：去年，它与壳牌达成协议用一部分库页能源的股票交换一部分西伯利亚油田的股权，之后，超额成本被公之于众，Gazprom叫苦不迭。
Following a secondary share sale, Mr Yu now has a stake of 25 per cent, as well as maintaining voting control through the holdings of other company employees and associates.
经过配售后，俞敏洪现持有新东方25%的股权，同时通过其他员工和同事持有的股份保留着投票控制权。
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