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What is the risk exposure of listed companies in Iran?
Hong Kong stocks Sinopec Refining & Chemical Engineering dropped sharply today
I checked why
They said the construction business didn’t meet expectations
I usually don’t consider project-based companies much, but their balance sheet looks pretty good, so I took a look
Actually, I asked Doubao a lot of questions
In the end, I found out they have projects in Iran
Could this be one of the reasons why the construction business underperformed?
And their exposure is still so large?