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HK tycoon Lau rejects Macau corruption charges
Shares of a Hong Kong tycoon's property company tumbled Friday after he insisted he was innocent of bribery and money laundering charges filed by Macau prosecutors over a land deal in the Asian gambling hub.Chinese Estates Holdings Ltd. fell more than 7 percent a day after the company released a statement saying that Chairman Joseph Lau "strenuously denies the allegations leveled against him."The
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