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Results 1 - 10 of 16 for citic securities

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  1. Citic profit falls 12.3pc on stock market slump

    Posted Jan 22nd 2009, 12:00am by Martin Zhou

    ... in 2007. Citic, whose businesses range from banking, securities and property development, was hurt by a significant fall in its securities business. It also had to spend HK$11.6 billion rescuing ... Citic Securities yesterday said net profit fell 41.2 per cent to 7.28 billion yuan last year from 12.38 billion yuan in 2007. Analysts said the country's largest brokerage posted a better ...

  2. SAIC venture cuts car prices by 12pc

    Posted Feb 18th 2009, 12:00am by Kandy Wong

    ... million vehicles last year, up from 8.8 million in 2007. 'The price reduction is an ongoing marketing strategy for carmakers on the mainland,' said analyst Li Chunbo at Citic Securities ...

  3. In Brief

    Posted Jul 08th 2004, 12:00am by Staff Reporter

    ... banks, although the institutions are expected to ultimately sell the securities to their own customers. China Construction Bank, which is expected to make its inaugural subordinated debt offering within weeks, was the top buyer, taking 3.7 billion yuan. Other big buyers included China Life Insurance, with 2.5 billion yuan, Bank of Communications, with 1.8 billion yuan, Citic Securities ...

  4. In Brief

    Posted Nov 11th 2003, 12:00am by Staff Reporter

    ... Power's 10 billion yuan (HK$9.3 billion) initial public offering. The fund and State Power Grid each bought 40 million shares, sale manager Citic Securities said in a statement. Beijing Capital Group, parent of Hong Kong-listed Beijing Capital Land, Shenergy Co, Zhejiang Nengyuan Group and Guangdong Guangdian Group each bought 30 million shares, Citic said. BMW BRILLIANCE MAY NOT SEE ...

  5. Longfor launches bid to raise US$1b in listing

    Posted Oct 28th 2009, 12:00am by Amanda Lee

    ... estate. Separately, Shenzhen-based developer Fantasia Holdings has added Goldman Sachs as its co-ordinator and lead manager along with sponsors Deutsche Bank and Citic Securities and bookrunner ...

  6. Morgan Stanley sale of CICC near

    Posted Dec 01st 2010, 12:00am by Staff Reporter

    ... in the first nine months of this year. Citic Securities, the nation's largest brokerage, has reported a 36 per cent profit drop in the January to September period. ... in the country after the securities regulator approved the sale of its holding in China International Capital Corp. The China Securities Regulatory Commission said yesterday that it had approved ...

  7. CLSA venture gets go-ahead to deal in A shares

    Posted Jun 17th 2008, 12:00am by Nick Westra

    ... sluggish market, and regulators hope the approvals of the new joint venture will inject vigour into the market,' said Citic Securities chief strategist Cheng Weiqing. Broking commissions ... yesterday from the China Securities Regulatory Commission (CSRC). Shanghai-based China Euro Securities, a brokerage 33.3 per cent owned by CLSA and the balance by Hunan-based Fortune Securities ...

  8. Tech-hungry car firms take risks overseas

    Posted Sep 15th 2009, 12:00am by Kandy Wong

    ... domestic carmakers will be able to manage complicated global firms, which have strong labour unions and are sometimes struggling with losses. Analyst Li Chunbo at Citic Securities said state-backed ...

  9. Citic Pacific and Foxconn lead rebound in blue-chip laggards

    Posted Jan 03rd 2009, 12:00am by Carol Chan

    ... Carol Chan Shares of Citic Pacific and Foxconn International Holdings, both among the top five blue-chip losers last year, rose sharply on the first day of trading for this year ... and Techtronic Industries. But market watchers warned that the rally might be short-lived and urged investors to be cautious. Citic Pacific, which was rescued by state-owned parent Citic Group after its ...

  10. ATV seeks strategic investors in run-up to listing

    Posted Jul 13th 2005, 12:00am by Staff Reporter

    ... It is understood China International Trust & Investment Corp Group (Citic Group) is among the interested parties, along with companies from South Korea, Malaysia and Singapore. A Chinese media report said Citic was due to sign an agreement to buy a stake in the television station next week, but a spokesman declined to comment yesterday. 'Citic and ATV can be complementary ...




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