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Black Hole Excitement Drives Speculation in China's Stock Market
Investors are never short of trading ideas in China’s $7.6 trillion stock market. On Thursday, they found inspiration in a very far off place, in the form of a super-massive black hole. Companies linked to space telescopes and optical lenses bucked broader market declines after scientists released the first-ever image of a black hole. Phenix Optical Co. surged by the 10 percent daily limit in Shanghai to the highest since June. Zhejiang Southeast Space Frame Co. jumped as much as 10 percent, while Shanghai Moons’ Electric Co., whose products are used in China’s Fast radio telescope project, climbed more than 4 ... (full story)
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