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May 22, 2009
May 22, 2009 - [Market review]
Market experienced a moderate setback on Thursday with SHI ending at 2610.62(1.54% decline) and SZI at 10108.86(2.51% decline). Those previously boasted stocks seemed to have larger declines than those blue-chip stocks do.
Although the price of blue-chips has slight increase compared with some “theme-stock”, certain stocks(such as stocks on railroad) remain in the high price and these stocks can not lead the primary market to a complete reversal because of their correlation with oversea market.
It has been six months since the market climbed from the bottom. Yet the risks remain uncertain and therefore a more guarded trade-off might be a better choice.
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