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Citic warns of fallout from Qingdao probe

Investigation into suspected fraud may hit metal it owns at the port, it says

[HONG KONG] Citic Resources Holdings Ltd said yesterday that metal it owns at Qingdao port may be affected by a probe into suspected fraud, the latest firm caught up in a scandal that has raised broader worries about the risks of metal financing in China. The probe at the Chinese port, where a