Qihoo 360 Technology chairman Zhou Hongyi said the antivirus company was willing to acquire stakes in smaller firms, as it competed against larger rivals such as Baidu and Tencent.Monday, 4 February, 2013, 4:04am
Former Morgan Stanley managing director Du Jun, who was convicted in Hong Kong's biggest-ever insider trading case, has withdrawn his application to appeal against the decision.3 Jan 2013 - 4:36am
Investors are not expected to receive compensation anytime soon from Hong Kong's biggest insider trader and former Morgan Stanley managing director, Du Jun.
A court yesterday heard that Du is seeking to appeal to the Court of Final Appeal - the top court in the city - after the Court of Appeal dismissed his appeal against conviction last month.6 Oct 2012 - 4:42am
Dip in first-half profit at Citic Resources27 Aug 2012 - 5:05am
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
Armed with HK$10.78 billion in cash, Citic Resources Holdings is seeking to acquire coal and oil resources in China and other countries.6 Mar 2012 - 12:00am
Shares in Citic Resources rose 24 per cent yesterday after the company, a unit of state-owned Citic Group, said it would sell its stake in Australian miner Macarthur Coal.
Citic Resources and Citic Group are selling their combined 25 per cent of Macarthur to two bidders for the Queensland-based coal company, European steelmaker Arcelor Mittal and US miner Peabody Group.22 Oct 2011 - 12:00am
In an article about Citic Resources Holdings on B3 yesterday, the ratio of its rights share issue was incorrectly reported as three rights shares for every 20 existing shares. The company aims to sell 1.82 billion new shares at a ratio of three rights shares for every 10 existing shares.6 May 2011 - 12:00am
Citic Resources Holdings, the oil and non-ferrous-metals arm of state-backed conglomerate Citic Group, plans to raise HK$2.5 billion through a rights shares issue to cut debt and fund future investments.5 May 2011 - 12:00am
Oil and metals producer Citic Resources Holdings has budgeted US$176 million this year for its share of the development of its 90 per cent-held Yuedong offshore oilfield northern China, said chief executive Zeng Chen. It has also set aside US$60 million for its half-stake in the Karazhanbas oilfield in Kazakhstan, and US$20 million on its 51 per cent-held Seram Island in Indonesia.29 Mar 2011 - 12:00am