World's Most Predictable Stock Trade Faces a China Reckoning
Investors sit in front of an electronic stock board at a securities brokerage in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

World's Most Predictable Stock Trade Faces a China Reckoning

(Bloomberg) -- In China’s volatile equity market, at least one thing’s been a certainty: initial public offerings price low and then rally like crazy.
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