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India

CITIC Securities Co Ltd (6030.HK)

6030.HK on Hong Kong Stock

15.50HKD
16 Jul 2019
Change (% chg)

HK$-0.24 (-1.52%)
Prev Close
HK$15.74
Open
HK$15.90
Day's High
HK$15.90
Day's Low
HK$15.46
Volume
12,134,182
Avg. Vol
25,501,226
52-wk High
HK$21.20
52-wk Low
HK$11.62

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Thu, Jun 20 2019

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Breakingviews - CLSA exodus leaves owner Citic with an empty shell

HONG KONG (Reuters Breakingviews) - CLSA's exodus is leaving Citic with an empty shell. The brokerage's star analysts are being poached by rivals like Credit Suisse and Jefferies. They take with them much of the brand value China's Citic Securities paid $1.3 billion for in 2013. Such mergers tend to be messy. But the state-owned group has missed plenty of opportunities to do better.

China's top brokerage CITIC sees Q1 profits surge on stock market rebound

SINGAPORE/BEIJING, April 29 China's biggest brokerage, CITIC Securities Co Ltd , reported a 58 percent rise in first-quarter profit on Monday, as investment returns surged on the back of a rally in Chinese stock markets.

China's CITIC Securities posts 18 pct drop in 2018 profit

SINGAPORE/Hong Kong, March 21 CITIC Securities Co Ltd, China's biggest brokerage by market value, reported an 18 percent fall in 2018 net profit on Thursday amid a weak domestic stock market.

Breakingviews - Citic and CLSA will survive boss departure

HONG KONG (Reuters Breakingviews) - CLSA will survive the departure of its bosses. Jonathan Slone is quitting, shortly after its chairman left. The moves have led to whispers of a culture clash with China’s Citic Securities, which bought the Hong Kong brokerage for $1.3 billion in 2013. Bank mergers are always challenging. Still, it’s too early to write this one off.

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