CITIC Ltd (0267.HK)
31 Jul 2015
HONG KONG, July 21 - Chinese state-owned conglomerate CITIC Ltd. said on Tuesday it plans to sell minority stakes in three beverage companies to Hong Kong conglomerate Swire Pacific, raising about $200 million, shedding the assets to concentrate on other businesses.
* Says garment unit plans to acquire 859.2 million new shares of CITIC Ltd at HK13.95 per share for HK$12 billion ($1.55 billion)
BEIJING - China's CITIC Ltd. , the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to support China's "One Belt, One Road" initiative.
BEIJING, June 24 - China's CITIC Ltd., the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to support China's "One Belt, One Road" initiative.
HONG KONG, May 27 - In the first case of a Chinese bank investing in a Taiwanese peer, China Citic Bank Corp said it will own 3.8 percent of CTBC Financial Holding Company Ltd after buying shares worth 2.35 billion yuan ($379.28 million) in a private placement.
HONG KONG, May 13 - A unit of conglomerate CITIC Ltd, formerly known as Citic Pacific, won an auction for a residential site worth HK$1.5 billion ($193.48 million) in Hong Kong, the government said on Wednesday.
* Says Citic Pacific Ltd's unit wins Hong Kong residential site for HK$1.5 billion ($193.47 million)Source text in English: http://bit.ly/1ECU1ltFurther company coverage: ($1 = 7.7530 Hong Kong dollars) (Reporting by Hong Kong and Singapore newsrooms)
MELBOURNE, May 5 - CITIC Ltd is considering appealing a court decision to dismiss a lawsuit it brought against Australian billionaire Clive Palmer over the use of funds that were meant for operating the Chinese firm's iron ore port.
* 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)