'Emperor' stocks soar in China as Xi cleared for indefinite reign

'Emperor' stocks soar in China as Xi cleared for indefinite reignSHANGHAI (Reuters) – Chinese speculators pounced on stocks with “emperor” in their name on Monday, after the ruling Communist Party set the stage for President Xi Jinping to stay in office indefinitely. The party proposed on Sunday to remove a constitutional clause limiting presidential service to just two terms in office, boosting prospects of Xi remaining in power after the end of an all but certain second term set to start next month. …


Source: Yahoo! News