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rated ("MO). The material is not a publication of BolA Merrill Lynch Global Research, and it has not been reviewed or approved by BolA Merrill Lynch Global Research. Arty summary of ML Research notes and reports, and/or any reference or link to &lilt Merrill Lynch Global Research notes and reports, are qualified
lling shareholders & inability to source a locate Historical Mute Share Trading • 2017: $37.50 to $125 • 1/1/18 to 2/22/18: $90 to $132.50 (excl Tencent transaction( Some conf &skin on shore pekes as secondary market pikes ore currently '$5000/shore. Everything in prospectus reflects o 00-to-one shor
epared by =ash Equity Trading of Merrill Lynch, Pierce, Fenner & Smith, =ncorporated ("ML"). The material is not a publication of BofA Merrill =ynch Global Research, and it has not been reviewed or approved by BofA =errill Lynch Global Research. Any summary of ML Research notes and =eports, and/or any reference
selling shareholders & inability to source a locate Historical Private Share =rading 2017: $37.50 to $125 1/1/18 to 2/22/18: $90 to =132.50 (excl Tencent transaction) Some confusion on share =rices as secondary market =rices are currently -55000/share. Everything in =rospectus reflects a 40-to-one sh
outside of the United Kingdom. BofA errill Lyne h Global Researc| MLPF&S or one of its affiliates is a regular iss
d vol & skew Market may trade on Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge a potential China tech bubble; Tencent potentially volatile after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains intact
Page: HOUSE_OVERSIGHT_014992 →Entities connected to both Global Research and Tencent

Jeffrey Epstein
PERSON
Richard Kahn
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Donald Trump
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Marc Rich
PERSONAmanda
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Bank of America
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United States
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Bloomberg L.P.
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Bank of America Corporation
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BofA Merrill Lynch
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Merrill Lynch
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Michael Bloomberg
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Seoul
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U.S. Treasury
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Merrill Lynch Global Wealth Management
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONThe Financial Service Board
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ORGANIZATIONthe Securities and Futures Bureau
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