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Qihoo 360 Technology Co. Ltd. Message Board

  • tianyiinvest2013 tianyiinvest2013 Jan 23, 2014 11:27 AM Flag

    Chinese central bank just released 360 billion yuan into market during the past week?

    Chinese market has been lack of liquidity recently. And there is a crisis brewing for one of the largest trust fund.

    We are all waiting to see what happens on Jan 31st when it's the deadline for the fund to pay out to its investors.

    I think that's the real reason for today's drop. (plus the disappointing PMI of course.)

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    • I saw that as well and agree that this is bad as well. We received three major blows to the Chinese stocks today. I think the main reason that QIHU is actually rallying is on the Alibaba rumor (again) and the Gaming market share increase. But both are not confirmed and concerns me the most. It seems that every time QIHU is under pressure someone spreads a rumor. I smell something fishy here...Hope it's not QIHU!

      Sentiment: Hold

75.27+0.01(+0.01%)Jun 24 4:02 PMEDT