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China Jinmao's HK office ensnared in corruption probe

Published Wed, Oct 25, 2017 · 09:50 PM

    Shanghai

    CHINESE state-backed developer China Jinmao Holdings Group said its Hong Kong office was searched in a corruption probe.

    The company's shares fell as much as 3.3 per cent in Hong Kong on Wednesday and JPMorgan Chase downgraded the stock.

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