In the Securities Times (via MNI):
- CITIC Securities denied media accusations that it's working together with overseas hedge funds to short Chinese stocks
- Says it exited its investment in Citadel (Shanghai) Trading Ltd last year, one of the 34 stock accounts that was suspended by the stock market regulator
- The US hedge fund Citadel LLC confirmed that its unit, Citadel (Shanghai) Trading, has had its trading licence on the Shenzhen Exchange suspended
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CITIC is China's largest listed brokerage house
