Posted by squeezeApenny on July 6, 2010 ·
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2009 JA Stock Market Challenge 021
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What could be the largest-ever IPO — Agricultural Bank of China’s Shanghai debut — was about 20-times oversubscribed by institutional investors, a source told Reuters.
CNBC Top News and Analysis
In other news:
Beaten-Down Stocks Likely to Reach New Highs: Commentary by John Dorfman
The deafening hiss we’ve been [...]
Posted by squeezeApenny on June 22, 2010 ·
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Trade experts say that companies that export to China will benefit, while discount importers that rely on China may not. The NYT reports.
CNBC Top News and Analysis
In other news:
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Shanghai will have more than half of Asia’s stock market liquidity in 2020 as China gradually moves to fully currency convertibility and opens yuan-denominated A shares to foreign investors, [...]
Posted by squeezeApenny on June 21, 2010 ·
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Stock Market Crisis Over
Image by Wagner T. Cassimiro “Aranha”
China’s yuan bolted to a 21-month high on Monday, suggesting authorities are unshackling the currency from its de facto 23-month-old peg to the dollar after vowing greater flexibility at the weekend.
CNBC Top News and Analysis
In other news:
China’s stock market is now 3rd, after US and Japan
According [...]
Posted by squeezeApenny on May 24, 2010 ·
Could the Chinese yuan be overvalued?
View full post on Financial news of the day – CNNMoney.com