I think you're right about the 1.00 bid, but there's a tussle going on today. No volume on my screen with the current bid and ask. They look like they should report this week which may account for the entrenchment. I'm not sure 1.40 is possible.
However given what I've been reading about the Chinese economy lately, I'd be surprised if there's a surprise in the earnings. Don't you think progress has been hampered by a qtr or two?
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