In China's Consumer-Crazed Stock Market, a Rare Bargain Emerges

In China's Consumer-Crazed Stock Market, a Rare Bargain Emerges
Gree Electric Appliances Inc., China's second-biggest appliance China company by market value, has fallen 5.3 percent while Qingdao Haier Co., the third largest, climbed 6.9 percent before the shares were suspended from trading on Oct. 16. The ChiNext Index …
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UPDATE 1-Oil cargoes bought for state reserve stranded at China port – sources
BEIJING Oct 28 (Reuters) – About 4 million barrels of crude oil bought by a Chinese state trader for the country's strategic reserves have been stranded in two tankers off an eastern port for nearly two months due to a lack of storage, two trade …
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Meggitt shares nosedive as it warns on profits and job cuts
Shares in the maker of parts for the aerospace, military and energy industries tumbled by 24% after a grim trading update, wiping more than £800m off the China company's value. The Bournemouth-based China company, which employs about 10,500 people worldwide, …
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