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Tag: meituan

  • You think FAANG is distorting the S&P? Consider ATM

    You think FAANG is distorting the S&P? Consider ATM

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    By Shuli RenMany have lamented the lack of depth in the US stock market, marveling at how a handful of big tech companies have grown to dominate almost a quarter of the S&P 500 and become responsible for all of this year’s gain. But that lopsidedness is nothing next to China, where the top three…