Citic Group

Companies reporting this week


Interim: Dah Sing Banking Group, Lifestyle International, Sino-Life Group, Sinotrans Shipping

Final: QPL International Holdings


Monday, 9 August, 2010, 12:00am

Citic document haul delays probe

More than 100 boxes of documents and 550,000 computer files were seized by police when they searched the offices of Citic Pacific in an investigation into losses of about HK$15.5 billion from unauthorised currency bets in 2008.

30 Jun 2010 - 12:00am

Probe on Citic bets still unfinished

Hong Kong police have not finished a probe into Citic Pacific's unauthorised currency bets in October 2008 because of the huge amount of documents involved, according to Secretary for Financial Services and the Treasury Professor Chan Ka-keung.

24 Jun 2010 - 12:00am

Planners to approve extra five storeys for new Legco building

The five-storey expansion of the new Legislative Council building at Tamar is likely to win initial approval from town planners today, despite objections from a Hong Kong-listed mainland company that owns an office block behind the site.

18 Sep 2009 - 12:00am

Lai See

Staff files sex discrimination charge against HSBC

HSBC is embroiled in a sex-change dispute with one of its employees who has taken the case to the Equal Opportunities Commission.

The 55-year-old information technology worker, previously a married man, is planning to have sex-change surgery later this year.

3 Sep 2009 - 12:00am

Lai See

Overheating asset prices tell us we're well into summer

For the past few days, we've been poring over so many profit and loss accounts that we wanted to book a holiday for our aching eyeballs. Thank God, the worst is over.

29 Aug 2009 - 12:00am

Companies reporting this week


17 Aug 2009 - 12:00am

Macquarie sells luxury tower at less than cost

A property unit of Australia's biggest bank Macquarie Group has sold a luxury residential project in Shanghai at below cost.

The bank recently disposed of the 26-storey City Apartments to a mainland investor for less than 300 million yuan (HK$340.17 million), sources said.

Macquarie declined to comment.

19 Jun 2009 - 12:00am

Citic Bank pays HK$13.6b for stake in affiliate

China Citic Bank yesterday said its parent Citic Group would inject a 70.32 per cent stake of an overseas unit into the bank for HK$13.56 billion cash in a long-awaited deal to help it expand outside the mainland.

11 May 2009 - 12:00am

Citic Bank posts 60.5pc jump in earnings

29 Apr 2009 - 12:00am

Thursday Think-tank

1. Lawyer in Nina Wang case claims will was only for fung shui ritual ... the evidence suggests fortune-telling - it's telling us both sides will do anything for the HK$100 billion fortune.

2. Move to give all Hong Kong inmates the right to vote ... well, politicians should be elected by a jury of their peers.

16 Apr 2009 - 12:00am

Time to restore the good name of Citic Pacific

The financial crisis has ruined many once-stellar reputations around the world. Hong Kong is no different. The resignation of Larry Yung Chi-kin as head of Citic Pacific has ended one of the city's great business fairy tales. But it is not only about the decline in fortunes of a single man or that of his close associate and one-time political star, Henry Fan Hung-ling.

10 Apr 2009 - 12:00am

Companies reporting this week

Monday Interim: Champion Tech Holdings, Continental Holdings, Kantone Holdings, Hua Yi Copper Holdings, See Corp, Solartech Int Holdings

23 Mar 2009 - 12:00am

Citic saga bad for HKEx, say Democrats

The Democratic Party has warned that the credibility of Hong Kong's stock exchange could have been damaged by what it called a breach of listing rules in the HK$11.6 billion bailout of Citic Pacific by its parent company, Citic Group, last month.

31 Jan 2009 - 12:00am

Citic Securities recruits China Life executive

Citic Securities, the mainland's biggest brokerage, has recruited a senior executive from China Life Insurance to reinforce its investment team.

21 Jan 2009 - 12:00am