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Vipshop climbs following Deutsche upgrade, Chinese e-commerce plays follow

  • Shares of Vipshop (VIPS +10.5%) are climbing following Deutsche's upgrade of the company to Buy.
  • Chinese e-commerce plays are following suit, with LightInTheBox (LITB) +4% as the recent IPO continues a rally after collapsing on Q1 results in Aug. and DangDang (DANG) +2.9%.
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