Home  Contact Us
  Follow Us On:
Advertising Advertising Free Newsletter Free E-Newsletter

Citic Pacific under investigation after currency loss
Published on: 2008-10-23
Share to
User Rating: / 1

Citic Pacific, a Hong Kong unit of China's largest state- owned investment company, faces a formal investigation from the Hong Kong Securities and Futures Commission after predicting 15.5 billion HKD (2 billion USD) of currency losses from unauthorized trades. A probe has been started, the commission said on its Web site, without giving details. Hong Kong Exchanges & Clearing Ltd., which runs the city's bourse, is also "looking into'' the company, said Henry Law, a spokesman.
Comments (0)Add Comment

Write comment

security code
Write the displayed characters

    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.