Shares of CITIC Pacific fell sharply after the company issued a profit warning, citing rising costs and weaker property sales as factors impacting its financial performance. The conglomerate’s announcement led to investor concerns, resulting in a significant decrease in its share price. The company indicated that increased operating expenses and a slowdown in the real estate market were primary contributors to the anticipated decline in profits. Market analysts are closely monitoring the situation to assess the long-term implications for CITIC Pacific and the broader market.