But four years after first listing its shares in the US, Huiheng trades on the over-the-counter market for $ 1.60 a share, down from a peak above $ 13. Net income fell to $ 2.3 million last year, a fall-off from a 2007 high of $ 9 million. ...
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Are financial markets broken?
While we believe that the US economy will continue to recover, and that Europe will eventually resolve its debt crisis one way or another, these events highlight how difficult it is to foresee the direction of the market over the short term. ...
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