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Hot Money in China

Posted on July 03, 2008

I was too busy to post anything Tuesday, but there wasn t a whole lot new to say except to bemoan the stock market s performance, again. The SSE Composite dropped 3.1%. Wednesday after a rocky start it seemed to find its legs, trading up 1.8% by lunch, before giving it all up to end the day almost perfectly flat at 2701. It is now trading almost exactly 10% below 3000, which as recently as three weeks ago was the market s imagined government-intervention level. ...

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china , sse