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Despite hopes of additional stimulus, Chinese stocks fell heavily on earnings concerns;...

Despite 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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  • DeepValueLover
    , contributor
    Comments (8671) | Send Message
     
    China stocks July 2012 = U.S. stocks July 2008
    16 Jul 2012, 04:56 AM Reply Like
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