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CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

11.84HKD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

CITIC Heavy Industries to adopt new accounting policies
Friday, 29 Dec 2017 

Dec 29(Reuters) - CITIC Heavy Industries Co Ltd <601608.SS>:Says it plans to adopt new accounting policies regarding recognition and measurement of financial instruments, transfer of financial assets, hedging, presentation of financial instruments and revenues, effective Jan. 1, 2018.  Full Article

Citic Heavy Industries and unit passes review of high-tech enterprise recognition
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS> ::Says it and wholly owned automotive engineering subsidiary passes review of high-tech enterprise recognition.to enjoy a tax preference of 15 percent for three years from 2017 to 2019.  Full Article

Muyuan Foods signs strategic cooperation agreement with Zhengzhou branch of China CITIC Bank
Friday, 17 Nov 2017 

Nov 17(Reuters) - Muyuan Foods Co Ltd <002714.SZ>:Says it signed a strategic cooperation agreement with Zhengzhou branch of China CITIC Bank.  Full Article

BRIEF-CITIC Offshore Helicopter, CITIC Group Corp end potential transaction (Oct 30)
Wednesday, 1 Nov 2017 

Repeats Oct 30 Brief to widen distribution:‍Announces termination of potential connected transaction between CITIC Offshore Helicopter Co and CITIC Group Corp.  Full Article

Citic Heavy Industries to buy 60 pct stake in capacitor research institute
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Citic Heavy Industries Co Ltd <601608.SS> ::Says it plans to buy 60 percent stake in a capacitor research institute for 35.2 million yuan, to develop robot and intelligent equipment business .  Full Article

Citic says unit to buy Qingdao Special Steel for RMB127.2 mln
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Citic Ltd <0267.HK>::Unit to buy Qingdao Special Steel for RMB127.2 million.Intends to collect RMB2.93 billion from loan to Qingdao Special Steel & re-inject into Qingdao Special Steel as registered capital​.  Full Article

Itochu, Citic to sell goods to Chinese customers through members-only shopping site-Nikkei
Thursday, 16 Mar 2017 

Nikkei- :Itochu and Citic Group to sell Japanese foods and other goods to Chinese customers through members-only shopping site-Nikkei.  Full Article

Tokyo Commodity Exchange is allying with futures arm of China's Citic Group - Nikkei
Wednesday, 31 Aug 2016 

: Tokyo Commodity Exchange is allying with the futures arm of chinese conglomerate Citic Group - Nikkei . Tocom signed a memorandum of understanding Wednesday on a strategic partnership with the Hong Kong subsidiary of Citic Futures - Nikkei . TOCOM and Citic Futures will jointly perform marketing activities targeting individual investors in China - Nikkei . New framework will also be implemented to allow the Hong Kong subsidiary of Citic Group to directly place orders with Tocom - Nikkei Source - (http://s.nikkei.com/2cf5S7a) Further company coverage: [0267.HK] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

CITIC says group enters into strategic cooperation agreement with two parties<0267.HK>
Tuesday, 30 Aug 2016 

CITIC Ltd <0267.HK>: Voluntary announcement - signing of strategic cooperation agreement by the controlling shareholder of the company <0267.HK> . CITIC Group entered into strategic cooperation agreement with Asiainfo Technologies (China) Co., Ltd. and Global Infotech Co., Ltd. . Deal to conduct cooperation with companies through unit in construction and operation of cloud platforms and big data platforms and others .  Full Article

CITIC Ltd HY profit for the period attributable HK$20.18 bln<0267.HK>
Friday, 26 Aug 2016 

CITIC Ltd <0267.HK>: Board recommends an interim dividend of HK$0.10 per share to shareholders . HY net interest income HK$ 64.32 billion versus HK$ 63.72 billion . HY profit attributable HK$20.18 billion versus HK$37.69 billion . Says HY total revenue HK$183.97 billion versus HK$196.56 billion .  Full Article

China's CITIC closes $1.1 billion Brazil takeover, sees more ahead

RIBEIRÃO PRETO, Brazil China's CITIC Agri Fund said on Friday it had completed its $1.1 billion acquisition of Dow Chemical Co's corn seed business in Brazil, a potential vehicle for future purchases in Latin America.