Up and Up: Chinese Stocks Continue Rally

Chinese stock investors emptied trading accounts at the fastest pace in 16 months last week, three days before the benchmark Shanghai Composite Index rallied the most in three months.
Bill Ackman Would Think ‘Very Hard’ Before Next Short Bet
34:10 - Bill Ackman, chief executive officer of Pershing Square Capital Management LP, talks about the value of shareholder activism, the restaurant franchise and pharamaceutical industries, investment strategy and his position on short selling after his campaign with Herbalife Ltd. Ackman also discusses the outlook for Fannie Mae and Freddie Mac. He speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
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