Citic Securities

Hang Seng soars as mainland rally excites investors

31 Jan 2013

Investors were also excited by the onshore market, which rallied for a third day after a mainland official said Taiwanese institutional investors might have an extra 100 billion yuan (HK$123...

Briefs, January 10, 2013

10 Jan 2013

Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some...

Market Open:Hong Kong stocks seen higher as China manufacturing rises

3 Dec 2012

Hong Kong stocks may open higher after data showed that manufacturing rose further in November month-on-month, adding another proof that the Chinese economy is bottoming out.

Tung Chee-hwa's faulty connection to the leadership

17 Nov 2012

We had always assumed that former Hong Kong chief executive Tung Chee-hwa was pretty well plugged into what was going on in the upper echelons of the leadership in the mainland.

Citic seeks ¥10b for aggressive takeover fund

16 Oct 2012

Mainland brokerages are expected to inject new life into the country's sluggish private-equity sector after the regulator waived rules to help them diversify their revenue sources.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

CITIC Securities Results: Set for Rebound?

Securities brokers certainly aren't having much fun these days, watching their profits shrivel as China's stock markets hover at 3-year lows.

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.

Yuan funds prove 'lure' for foreign capital

The lure of high returns on yuan bonds is encouraging foreign investors to place capital with the first offshore yuan-denominated funds now being marketed abroad, according to James Wang, the...

Mainland packaging firm Jin Bao Bao seeks HK$65m in share offer

Mainland packaging and component manufacturer Jin Bao Bao Holdings seeks HK$65 million in a public offering today and a wave of more sizeable listing attempts may materialise in the coming two...

Mainland rail companies battered on HK exchange

The mainland's railway companies were among the worst performers of the stock market yesterday following unsatisfactory third-quarter results.

Citic sees dip in loans to financing vehicles

China Citic Bank said yesterday that outstanding loans to so-called local government financing vehicles continued to fall and expected fewer to come due in the fourth quarter.