CITIC Pacific: Are there More Coming?
CITIC Pacific Ltd., the Hong Kong-listed arm of China's biggest state-owned investment company, which announced US$2 billion in foreign exchange losses yesterday, probably won't be the only major listed company to be sideswiped by the global financial crisis, investors are warning.
Tantalizingly no names have been mentioned, but on Wednesday China Railwa…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.