Japan's Itochu and Thailand's Charoen Pokphand are buying a 20 per cent stake in Citic. Photo: Reuters
Japan's Itochu and Thailand's Charoen Pokphand are buying a 20 per cent stake in Citic. Photo: Reuters

Itochu, Thailand’s Charoen Pokphand buy 20 per cent stake in Citic Limited

Deal reflects Beijing's efforts to encourage private ownership of state-owned firms

Japan's Itochu and Thailand's Charoen Pokphand are buying a 20 per cent stake in Citic. Photo: Reuters
Japan's Itochu and Thailand's Charoen Pokphand are buying a 20 per cent stake in Citic. Photo: Reuters
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