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VCSC Daily - Market up amid overwhelming liquidity - MBB

Market Commentary

19 Feb 2016

Market up amid overwhelming liquidity. Today's trading witnessed several extraordinary feats as the infamous HAG and HNG jointly ride today's ceiling price amid unthinkable liquidity: more than 41 million shares from HNG and 15 million shares from HAG were matched. These shares have been beaten down recently amid rumors that the parent company was in financial distress. New rumors that it could be profitable again by 2018 sparked optimism.
Tags: MBB

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