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Fly News Breaks for November 26, 2018
CWYCY
Nov 26, 2018 | 07:24 EDT
Deutsche Bank analyst Sky Hong downgraded China Railway Construction to Sell citing a disagreement with consensus expectations. Share gains have been predicated on policy easing but have ignored the "clear evidence of weakness" in three areas - rail infrastructure spending, orders for urban transit and the property outlook, Hong tells investors in a research note.
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