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CHINACAST EDUCATION Message Board

  • gilogden44 gilogden44 Sep 24, 2012 10:07 AM Flag

    rally

    The SEC especially now doesn't want to ruin rapport with China as the country has finally said it would allow "observational visits" from American audit-firm inspectors. This step towards potential joint inspections by both Chinese and US inspectors could start a bull rally among Chinese ADRs since it will restore some trust among US investors.

 
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