Citic was part of consortium that bought an 80 per cent stake in McDonald’s mainland and Hong Kong business for US$2.08 billion in January. Photo: AFP

Citic rings in better-than-expected 2016 net profit, looks to close McDonald’s deal by July

State-backed conglomerate planning more spin-offs and listing of other group assets, says chairman

Topic |   Hong Kong company reporting season

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Citic was part of consortium that bought an 80 per cent stake in McDonald’s mainland and Hong Kong business for US$2.08 billion in January. Photo: AFP
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