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Foreign news: PAX Global CFO gives Macquarie analyst the boot

The chief financial officer of Hong Kong point of sale terminal maker PAX Global Technology ejected a Macquarie Group analyst from a company briefing on Wednesday, Bloomberg reports. PAX CFO Chris Lee interrupted an earnings briefing to order Timothy Lam to leave the conference room. Lam initiated coverage of PAX in April with an underweight rating - making him the only one of 17 analysts tracked by Bloomberg to have a bearish recommendation on the stock at the time. Lee later issued a statement saying he regretted his action.

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