CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-240

  1. 4,289 Posts.

    Mojo,
    Would this be the article you were referring to? in todays Bloomberg:
    …and I agree very positive.

    Asia Stocks Rise After China Manufacturing Tops Estimates
    By Adam Haigh - Sep 23, 2013 11:57 AM ET

    Asian stocks rose, with a regional benchmark index trading near a four-month high, after a private measure of Chinese manufacturing jumped more than forecast. Trading on Hong Kong markets was delayed due to a storm and Japan is closed for a holiday.
    The MSCI Asia Pacific excluding Japan Index climbed 0.3 percent to 470.41 as of 11:53 a.m. in Sydney. The gauge reached a four-month high on Sept. 19 after the Federal Reserve maintained its bond-buying program.
    “It’s an indication of a continuing expansion,” Hao Hong, Hong Kong-based strategist at Bank of Communications Co., told Bloomberg TV. “As long as we continue to see economic expansion, the depressed expectations will continue to reverse and that is positive for the market.”
    The Asia-Pacific gauge rallied 7.9 percent this month through Sept. 20 amid signs China’s economic growth is stabilizing. That pushed valuations through last week to 13 times estimated earnings, compared with 15.5 times on the S&P 500 and a multiple of 14.4 for the Stoxx Europe 600 Index, according to data compiled by Bloomberg.
    Chinese factory output expanded for a second month in September. A preliminary HSBC Holdings Plc and Markit Economics’ purchasing managers index rose to 51.2 after jumping the most since 2010 to 50.1 in August.
 
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