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  • arhdan9 arhdan9 Nov 8, 2011 8:11 PM Flag

    "Surging Economies, in Search of Surging Stocks"

    "......China Stocks Surge

    China stocks, which had been sentenced to stronger mass punishment than even many US stocks due to accounting issues and delisting at some of the more questionable firms, began to recover, too. Baidu (NASDAQ:BIDU), which had been lumped in with the possibilities of accounting issues along with other miscreants, without evidence mind you, also spooked US investors when its variable interest entity, or VIE business structure was also thought to be potentially dicey. These fears abated for investors as Baidu continued to deliver astounding earnings and its ADRs have rocketed up reflecting that......."

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