Word: mania
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...drawn between China's stock boom and the U.S. dotcom bubble of the late 1990s. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has intensified, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese companies raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai...
...surprisingly, comparisons are being drawn between China's stock boom and the U.S. dotcom bubble. Certainly there are similarities, such as a frenzy for initial public stock offerings. As investor demand for Chinese stocks has increased, so has the list of mainland companies eager to cash in on the mania by going public. In 2006, Chinese firms raised more than $53 billion in the Hong Kong and Shanghai markets through IPOs and secondary share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai...
Campaign veterans caution against taking this early frenzy of election action too seriously, noting that actual voters aren't likely to start paying much attention until after Labor Day. But the mania has a way of feeding on itself, as every campaign seeks to impress the media, the donors and one another with its poll numbers, endorsements, financial strength and organization on the ground...
...distinct Rocky Mountain Democratic agenda, which emphasizes pragmatism and moderation. Some of the issues are local and perennial, including how to manage growth and resources like water in the nation's fastest-growing region. But even the local issues have national implications. There is, for example, a competitive mania among the new Democratic Governors about developing alternative energy sources--especially the region's vast coal reserves and agricultural products. They are staunch fiscal conservatives. In fact, the booming economy has enabled most of the Democratic Governors to lower taxes. Immigration is a huge issue in the region, and the Democrats...
...distinct Rocky Mountain Democratic agenda, which emphasizes pragmatism and moderation. Some of the issues are local and perennial, including how to manage growth and resources like water in the nation's fastest-growing region. But even the local issues have national implications. There is, for example, a competitive mania among the new Democratic Governors about developing alternative energy sources--especially the region's vast coal reserves and agricultural products. They are staunch fiscal conservatives. In fact, the booming economy has enabled most of the Democratic Governors to lower taxes. Immigration is a huge issue in the region, and the Democrats...