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Chapter 239 - 194: An Country Bank
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... of its highest value in 2007.
In December 2007, Anguo Bank’s stock price reached a peak of 61 Hong Kong Dollars, but now it has plummeted to as low as 12.02 Hong Kong Dollars, with its market value dropping from over 200 billion to just over 30 billion.
After the acquisition was completed, in just two months of being relisted, the stock price reached 28 Hong Kong Dollars, effectively doubling the market value.
This doesn’t mean that Anguo Bank’s relisting was outstanding; ...
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