By Yang Huiwen

NEWS that Singapore-listed FerroChina is insolvent has put the spotlight on other China-based firms here which may be hit by the current credit crunch.

Analysts say one tell-tale sign of possible money woes ahead would be negative cash flow - where a company spends more than it receives in revenue.

These companies tend to rely heavily on credit, which is becoming far more difficult to obtain in the financial crisis.

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