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CITIC says metal reserves hit by Qingdao probe

CITIC Resources Holdings Ltd said on Tuesday that metal it owns at Qingdao port may be affected by a probe into suspected fraud. "Until the status of the investigation is clarified, the company is not able to accurately assess its impact on the group's alumina and copper stored at Qingdao port or on the group itself," Chairman Kwok Peter Viem said in a filing to the stock exchange in Hong Kong.

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