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Daily Briefing: CITIC confirms Bear interest

Started by Joelle, March 05, 2008, 03:29:49 PM

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Joelle

Daily Briefing: CITIC confirms Bear interest
      


Having fallen another 12 percent this year, and down 55 percent from highs a year ago, shares of investment bank Bear Stearns may be looking more than just affordable to China’s top brokerage, CITIC Securities. We reported last month that it was in talks to raise its Bear stake to reflect a drop in the [...]
         

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