Latest China Construction B (CICHY) Headlines
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Bank of America sells China bank stake for $1.47B
By KELVIN CHAN - AP - Wed Sep 04, 5:40AM CDT
HONG KONG (AP) — Bank of America sold a $1.47 billion stake in China Construction Bank on Wednesday, the latest foreign institution to shed its investment in a Chinese lender after initial optimism about the potentially lucrative market wore off.
Bank of America selling stake in Chinese bank
The Associated Press - AP - Tue Sep 03, 3:53PM CDT
Bank of America said Tuesday it will sell its stake in China Construction Bank Corp., and it expects about $750 million in pre-tax proceeds.
Market Maker Surveillance Report. HAS, CTRP, ABT, RIMM, ANTH, CICHY, Highest Net Sell Volume and Negative Price Friction For Friday, January 25th 2013
M2 - Mon Jan 28, 2:47AM CST
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Friday there were 3826 companies with "abnormal" market making, 3013 companies with positive Friction Factors and 2400 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Friday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Hasbro Inc (NASDAQ:HAS), Ctrip.Com International Ltd (NASDAQ:CTRP), ABBOTT LABORATORIES (NYSE:ABT), RESEARCH IN MOTION (NASDAQ:RIMM), Anthera Pharmaceuticals Inc (NASDAQ:ANTH), China Construction Bank Corp (OTC:CICHY). To access Friction Factor, Naked Short Data an