- China's ChiNext stock market, a long-awaited Nasdaq-style second board that aims to turn local start-up firms into budding Microsofts or Intels, kicked off trading on Friday with strong gains, in line with expectations.
- The first batch of 28 companies made their listing debut on ChiNext, part of the Shenzhen Stock Exchange in southern China, with share price gains of 46 percent to 123 percent at the opening compared with their initial public offering prices.
Thursday, October 29, 2009
China bankruptcy is coming in a decade.
Obviously, China is following the American and European footsteps going bankrupt -- the curse of Capitalism deception. Check back with me after 10 years as China will go bankrupt in 10 years.
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