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Examples
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Macquarie selected China Merchants as its top pick of the China port sector with an "outperform" rating and raised its price target to 31 Hong Kong dollars ($4) from 21 Hong Kong dollars ($2.70).
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Macquarie selected China Merchants as its top pick of the China port sector with an "outperform" rating and raised its price target to 31 Hong Kong dollars ($4) from 21 Hong Kong dollars ($2.70).
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China Merchants said its port-handling throughput last year fell 13% to 43.87 million twenty-foot equivalent units, or TEUs.
China Merchants Net Falls 13% Joanne Chiu 2010
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China Merchants said its port-handling throughput last year fell 13% to 43.87 million twenty-foot equivalent units, or TEUs.
China Merchants Net Falls 13% Joanne Chiu 2010
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Macquarie selected China Merchants as its top pick of the China port sector with an "outperform" rating and raised its price target to 31 Hong Kong dollars ($4) from 21 Hong Kong dollars ($2.70).
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China Merchants said its port-handling throughput last year fell 13% to 43.87 million twenty-foot equivalent units, or TEUs.
China Merchants Net Falls 13% Joanne Chiu 2010
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In Hong Kong, China Construction fell 1% and China Merchants gave up 1.5%, though Bank of China ended flat, supported by the lender's better-than-expected half-yearly results Thursday.
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China Merchants has said it expects the New York branch to begin operations this year.
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China Merchants was the first Chinese bank to disclose its exposure to Fannie and Freddie.
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Separately, China Merchants said it plans to set up offices in London and Taipei.
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