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...Index is 18. Want more proof? According to a recent report by investment bank JP Morgan, out of 37 Chinese companies listed jointly in Shanghai and Hong Kong, eight trade on the mainland at valuations at least double those quoted in Hong Kong. "The risk-reward picture is unhealthy at the moment," says Frank Gong, JP Morgan's chief economist for China. "The market has undoubtedly moved ahead of itself...
...stocks in the S&P 500 Index is 18. Want more proof? A report by investment bank JPMorgan notes that of 37 Chinese companies listed jointly in Shanghai and Hong Kong, eight trade on the mainland at valuations at least double those quoted in Hong Kong. "The risk-reward picture is unhealthy at the moment," says Frank Gong, JPMorgan's chief economist for China. "The market has undoubtedly moved ahead of itself...
Aware that fencing such glittering, easily identifiable ice would be difficult, the insurance company that had covered the jewels offered a $300,000 no-questions-asked reward for their return. For eight months nobody responded to the notices in Le Figaro. Then French police were told that an intermediary was trying to make contact with the insurance firm...
Next time you reward Rex for fetching the paper, leave the doggy biscuits in the cupboard and pour him a cold beer instead. Thanks to one Dutch inventor, parched pooches now have their very own brand of booze. Arjan Berendsen first got the idea for Kwispelbier (Waggy Tail Ale in Dutch) after an afternoon's hunting. "I felt bad that the dog could only drink water while my wife and I were enjoying our beer. After all, he'd done all the work...
Gate receipts are not the only reward of touring. According to San Francisco?based Winterland Productions, which handles merchandising for Springsteen, fans at a U.S. concert spend an average of $5 to $6 on souvenirs. Among the items: $15 T shirts, $5 posters and $2 buttons. Total merchandising sales for the last tour were at least $25 million, of which Springsteen is thought to have received more than $8 million...