CITIC Ltd (0267.HK)
4 May 2015
* Projects record Y330 bln in net profit in 15/16 (Adds president's quotes and details from news conference)
* Shares fall 1 percent (Recasts with Venezuela troubles, adds analyst quote)
MADRID, April 29 - Spain's BBVA on Wednesday said net profit more than doubled in the first quarter from a year ago, beating forecasts and boosted by the sale of a stake in China's CITIC Bank.
SYDNEY, March 23 - Australia's Village Roadshow Ltd, operator of the country's biggest cinema chain and several theme parks, said on Monday it will form a $500 million joint venture with China's CITIC Ltd to invest in theme parks on the mainland.
BRUSSELS, March 19 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
BRUSSELS, March 18 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
MADRID, March 12 - Spain's BBVA said on Thursday it had made a 520-million-euros ($553 million) capital gain from the sale of a 4.9 percent stake in China's CITIC Bank , more than the 400 million euros the bank had previously flagged.
* Shares rise 2.6 percent, lead sector gains (Recasts to include sale of CITIC stake)
MADRID, Feb 4 - Spain's BBVA will sell its remaining 4.7 percent stake in China's CITIC Bank when it can, Chairman Francisco Gonzalez said on Wednesday, after recognising that the bank's venture in the country had not gone according to plan.
MADRID, Jan 23 - Spanish bank BBVA has agreed to sell a 4.9 percent stake in China's CITIC Bank to property developer Xinhu Zhongbao for HK$13.136 billion ($1.69 billion) as it looks to bolster its capital base.