China A 50, page-19

  1. 2,076 Posts.
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    I guessed wrong ....... I could have made more than double as the A50 is now down close to 9000........
    maybe the gov't ran out of yuan in propping up their currency ........ the currency is so scarce that the overnight bank rate for yuan in hong kong was 65% ??? the previous night...........

    the Chinese gov't will have to sell off a lot more of its mammoth holding in US bonds , which has been reducing significantly over the last year..........

    gk
 
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