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Shanghai (-1.7%) suffers its biggest decline in weeks, hit by a string of poor earnings reports....

Shanghai (-1.7%) suffers its biggest decline in weeks, hit by a string of poor earnings reports. Baotou Rare-Earth -7% as it cuts output amidst declines in rare-earth prices. (MCP -1.2% premarket). Maanshan Steel -4.4% after posting a loss that doubled consensus estimates. The country's largest maker of flat panel TVs - Hisense Electric - down 10%, hit by the mix of higher panel costs and lower finished product prices.
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Comments (1)
  • dreamerfb2
    , contributor
    Comments (3) | Send Message
     
    Just looonnggg on MCP. Talked myself into buying when it was high. Must now wait...forever?
    26 Oct 2012, 05:32 PM Reply Like
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