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Fidelity slashes PetroChina holdings

The Fidelity Out of Sudan group applauded news that the fund giant has slashed its stake in PetroChina ADRs by 91%.

The head of the Fidelity Out of Sudan campaign applauded news that Fidelity Investments slashed its stake in PetroChina Co. American Depositary Receipts by 91% during the first quarter, but said those ADRs represent less than half of the biggest U.S. mutual fund company’s total holdings in Pe

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