Citic Pacific

CITIC Pacific (Hong Kong stock code 0267.HK) is a Hong Kong-based conglomerate which is majority owned by China’s Citic Group in Beijing. Its activities span property, metals and mining, telecoms, and consumer products and its subsidiaries include CITIC Pacific Mining, CITIC Pacific Special Steel and Dah Chong Hong Holdings.

2 Mar 2013

Citic Pacific saw its share price drop 5.5 per cent yesterday after analysts slashed profit estimates, following disappointing annual results and amid concerns that the company's Australian iron...

28 Feb 2013

Shares of Citic Pacific surged in Hong Kong after its full-year earnings surprised the market on the upside.

28 Feb 2013

Citic Pacific, the Hong Kong flagship of state-owned conglomerate Citic Group, yesterday reported a 25 per cent decline in net profit to HK$6.95 billion last year. Excluding non-operating income...

5 Feb 2013

It's happened again. Citic Pacific, the state-backed conglomerate building Australia's largest magnetite iron ore project, and its contractor Metallurgical Corporation of China (MCC), disappointed...

28 Nov 2012

A former senior executive of Citic Pacific was sentenced to 15 months' imprisonment and ordered to pay HK$1.25 million for insider dealing of the company's shares in 2008.

Every now and then we dip into the Hong Kong Yearbook for inspiration. Generally we are not disappointed. Take this item from the 2011 yearbook under the heading Tamar Development Project,...

Citic Pacific's shares slumped yesterday after it revealed it is in a legal dispute with Australian mining tycoon Clive Palmer over the payment of royalties, adding more uncertainties to its much-...

The mining cognoscenti in Hong Kong will be familiar with Clive Palmer for having the distinction of having made four unsuccessful attempts to list his company Resourcehouse on the Hong Kong stock...

CSRC loosens capital rules for brokerages

A former senior executive of Citic Pacific was convicted yesterday of selling shares in the firm before it issued a profit warning in 2008.

Citic Telecom International, a subsidiary of Hong Kong conglomerate Citic Pacific, plans to acquire a controlling interest in Macau's main telecommunications network operator.

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