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Concerns over a general economic slowdown in China, plus the eroding residential real estate market has hurt the finance-heavy iShares FTSE China Xinhua 25 (FXI) exchange traded fund, a popular vehicle for retail investors hopping on the China band wagon.
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But the company still faces a rough 2010 on the finance side, especially if the real estate market gets worse instead of better.
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They each had various careers in finance, real estate and technology, but they always kept an eye on the underserved small-business factoring market.
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The CMBS market is watched closely in the commercial real-estate industry because the securities are an important source of finance.
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