The SFC is seeking HK$1.9 billion in compensation from Citic for 4,500 investors said to have suffered losses due to the firm’s failure to report massive foreign-exchange trading losses in 2008. Photo: Bloomberg

Citic shares down 4.5pc after SFC legal action

Topic |   Citic Pacific

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The SFC is seeking HK$1.9 billion in compensation from Citic for 4,500 investors said to have suffered losses due to the firm’s failure to report massive foreign-exchange trading losses in 2008. Photo: Bloomberg
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