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Oct 23

minipost-(Letter) The Fall Of CITIC Pacific

Written by: guest | Filed under:-mini-posts | Tags:,
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CITIC Pacific is in big trouble and some market analysts say it’s finished.

Yesterday its share price fell by 55% and its valuation is down from HK$31 billion to HK$14 billion.

Today its market capitalization fell another 25% to HK$10 billion. Continue reading »