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CITIC flags Sino Iron write-down

CITIC has warned that it will post an impairment of up to US$1 billion on its troubled Sino Iron ...

Kristie Batten

The Hong Kong-listed company said the estimated impairment of $800 million to $1 billion was the result of a review of carrying values. CITIC is due to report its full-year results before the end of...

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