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3Novices:For 8 minutes, this Hangzhou K-12 educator was six times Apple’s market value, at US$5 trillion

Hailiang Education Group Inc., a Hangzhou company that provides syllabuses from kindergarten to high schools, was the world’s most valuable company for eight minutes overnight, after a fat-finger trading error caused its stock price to jump 20,000-fold.
Bids for the company’s stock were received at US$200,000 at 9:35 am New York time on Thursday on the Nasdaq market. A quote recap of the transactions showed 700 shares actually changing hands at that price, before trading was halted…
August 11, 2017 at 12:25PM http://ift.tt/2wzuSgd
#3Novices #News #OnlineMedia #China 3Novices China

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