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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	10/3/2010 8:27:30 AM
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Emerging Market Share Sales Beat Developed Nations for 1st Time By Lee Spears and Michael Tsang Sept. 30 (Bloomberg) -- Emerging markets are attracting more money from share offerings than industrialized nations this quarter for the first time in at least a decade as companies in Brazil and China complete record sales. Companies from Petroleo Brasileiro SA to Agricultural Bank of China Ltd. in the MSCI Emerging Markets Index’s 21 countries raised $138 billion through initial public offerings and additional sales this quarter, beating the $62 billion in industrialized countries, data compiled by Bloomberg show. Read more noir.bloomberg.com

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