# Professor Roy Smith comments on the possibility of China Vanke issuing new shares

1 Faculty News December 29, 2015 ![South China Morning Post logo](/sites/default/files/styles/246w/public/assets/images/con_047736.jpg?itok=PvgrmXzZ)>

Excerpt from [South China Morning Post](http://www.scmp.com/business/companies/article/1895970/china-vanke-considers-issuing-new-shares-amid-battle-control) -- "'The defender can try to dilute the acquirer by issuing new shares, but this is hard to do on short notice unless he can line up a sizable new buyer, which may be the case here, who will have terms and requirements of his own,' [Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith) said."

[Read more](http://www.scmp.com/business/companies/article/1895970/china-vanke-considers-issuing-new-shares-amid-battle-control)