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Huawei Gets Closer to Nasdaq China's controversial military-backed telecoms equipment maker Huawei Technologies could be making a bid for a back-door listing in the United States after forming a partnership with a company whose shares trade on the loosely-regulated bulletin board of the Nasdaq stock exchange. Esoftbank Shenzhen, a software-systems firm based in southern China, said in late June that it would team up with Huawei to tap the software outsourcing market in the telecoms sector in China and abroad. So far, the deal does not involve any commitment of capital from Huawei, but industry sources say both sides are considering such a move. Huawei's plans for its own U.S. listing have been put off after controversy erupted in March over the company's provision of telecoms equipment to Iraq. Esoftbank's history is no less controversial. In its former guise as Natural Way Technologies, the company was implicated in the campaign-funds scandal in the U.S. under former President Bill Clinton.

Opps. The rest of the story....

A U.S. Senate investigation in 1998 found that Natural Way paid Democratic Party fund-raiser Johnny Chung $380,000 in 1996, hoping that his political connections would help it achieve a Nasdaq listing. Sam Wu, an Esoftbank official in Beijing, says the company is still angling to achieve a Nasdaq listing but would not speculate on whether Huawei would invest in the company. Huawei officials declined to comment. Esoftbank reported a loss of $1.2 million on revenues of $1.1 million last year. It expects to earn $1 million a year from the Huawei tie-up. REF

Milestogo thanks for finding and posting this thread.

rit, thanks for your replies with your excellent analysis and references re this thread. I will in another reply to you post another thread re possible financial connections of Clintoon and OBL.

I for one feel, that Clintoon never does anything major political wise unless he is paid and paid quite well to ignore terrorism or to grant pardons to past terrorists!

rit this is the link to the other web site where discussions on the financial aspects of OBL and Clintoon were discussed: (thread link)

We would appreciate your comments on any of the potential financial connections on this thread!