My View: It was an interesting month. For the first couple weeks of August, we were all busy talking about 1H earnings. And then the “storm” hit. The arrest of a well-known tycoon on 21 August 2012 for illegal business dealings sent shockwaves through the market. Ramifications that ACB, the bank he help found in 1994, could also be implicated and then subsequent news that its CEO was arrested drove depositors to the bank’s branches to withdraw money.