Citic Group | South China Morning Post
  • Tue
  • Mar 31, 2015
  • Updated: 8:33am

Citic Group

After Citic, who’s next among Chinese state firms to take their mega deals to Hong Kong?

The lobby of Peace Hotel, owned by Jin Jiang International, which once considered listing through its Hong Kong unit. Photo: Bloomberg

Investors are keenly watching for the next state-owned enterprise to follow in the wake of Citic’s ground-breaking restructuring, in which Citic Pacific will mount a US$36 billion reverse takeover of its parent.

Thursday, 3 April, 2014, 4:57am

AsiaInfo-Linkage buyout: a lawsuit magnet

A flood of threatened lawsuits against AsiaInfo related to its pending buyout offer mean the bidding could be reopened, resulting in a higher offer price

16 May 2013 - 12:28pm

Reshuffle paves way for new BOC chief

Bank of China (BOC), the mainland's largest foreign-exchange lender, will soon have a new chairman, following the appointment of Tian Guoli as party secretary on Monday.

29 Aug 2013 - 4:13am

Letters to the Editor, September 15, 2012

Concerns raised over Carrie Lam. Photo: Felix Wong

Ban creates commercial uncertainty

It is not just Hong Kong seafood traders who should be upset about Cathay Pacific's interpretation of "sustainability", and the trade sanctions it justifies with it ("Angry merchants protest against Cathay Pacific's shark-fin ban", September 8).

15 Sep 2012 - 1:17am

9pc profit fall latest setback for Citic

Chang Zhenming told the results meeting the company had struggled to get its Australian mine operating. Photo: Herbet Tsang

Citic Pacific, which recently suffered setbacks in a US$8 billion iron ore project in Australia, saw net profit fall 9 per cent year on year to HK$5.48 billion in the first half.

17 Aug 2012 - 2:36am

Citic Securities stock falls as firm buys into CLSA

Shares in Citic Securities dropped yesterday following news that the mainland investment bank will purchase a minority stake in Hong Kong-headquartered brokerage CLSA.

In Hong Kong the stock fell 7.3 per cent to HK$13.48, while the Shanghai share price fell 4.1 per cent to 12.30 yuan.

24 Jul 2012 - 12:00am

Inside trader says he made 'only' HK$1.7m on deals

The man convicted of Hong Kong's biggest insider dealing case yesterday argued in the Court of Appeal that he made 'only' HK$1.68 million in profit from his HK$87 million of illegal trades, in a bid to reduce the fine.

28 Apr 2012 - 12:00am

Jailed banker 'borrowed huge sum to buy shares'

Former Morgan Stanley managing director Du Jun (pictured) borrowed a huge amount to buy Citic Resources shares in 2007, which could be strong evidence that he conducted insider deals, the Court of Appeal heard yesterday.

Du is appealing against a District Court verdict in 2009 convicting him of insider dealing. He was jailed for seven years and fined HK$23 million.

27 Apr 2012 - 12:00am

Haitong raises HK$13b in new listing

Haitong Securities has raised HK$13 billion in Hong Kong's biggest initial public offering (IPO) since December, a market source said yesterday.

21 Apr 2012 - 12:00am

Lai See

CLSA staff hoping for some independence in deal with Citic

18 Apr 2012 - 12:00am