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Local stock markets are closed, but in Hong Kong this morning a Chinese herbal shampoo maker saw...

Jul. 03, 2009 8:08 AM ETBy: Eli Hoffmann, SA News Editor
Local stock markets are closed, but in Hong Kong this morning a Chinese herbal shampoo maker saw its IPO 446-times oversubscribed. According to the company's intention to float statement, average hair-care products consumption per capita in China is just 0.3 liters/year. But beware the head-and-shoulders pattern. (via)

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