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Oil trader collapse raises alarm over China's private refiners

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The collapse of an oil trader linked to one of China's independent refiners is ratcheting up concern over the financial stability of a sector that accounts for about a quarter of the nation's crude processing capacity.

[SINGAPORE] The collapse of an oil trader linked to one of China's independent refiners is ratcheting up concern over the financial stability of a sector that accounts for about a quarter of the nation's crude processing capacity.

Hontop Energy, which purchases oil on behalf of private...

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