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In 1982, I was the publisher of an investment newsletter, STOCK ACTION. One of my recommendations was a company called Caressa Shoes. My wife, a PR exec at the time, was contributing to robust sales for Caressa because she contended its high heels were more comfortable than the other brands.
China stocks dipped on Monday morning as sentiment was subdued amid underlying concerns of yuan depreciation and a fresh regulatory crackdown on speculative trading.