UPDATE 1-HK's CITIC Pacific shares suspended

Newswire

(Adds broker comments) HONG KONG, Oct 31 (Reuters) - Trading in shares of Beijing-backed conglomerate CITIC Pacific was suspended on Friday, pending a price-sensitive announcement, as a media report said authorities in China were investigating the company's unauthorised currency trading. Hong Kong's Securities and Futures Commission (SFC) said this month that a formal investigation had been launched into the affairs of CITIC Pacific, which shocked the market by announcing a potential ...

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