China Stocks Soar in Biggest Single-Week Jump Since 2008
On Friday, the CSI 300 index of big Chinese companies traded in Shanghai or Shenzhen rose 4.5 percent and was up 15.7 percent this week. The gain was the largest in a single week for the index since November 2008, when share prices were gyrating violently with the onset of the global financial crisis.
Tepper's latest moves are an excellent example of that philosophy. In the second quarter, Appaloosa Management dumped shares ...
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