Market Currents
Despite hopes of additional stimulus, Chinese stocks fell heavily on earnings concerns;...
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Monday, July 16, 2012, 3:06 AM ETDespite hopes of additional stimulus, Chinese stocks fell heavily on earnings concerns; benchmark index -1.8%. In particular, ZTE Corp., China's second-largest telecom maker, fell by the daily trading limit of 10% after warning H1 profits may have declined as much as 80%.
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