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  • CITIC Group to offer financial services for SE. China's Fujian Province

    CITIC Group inked on Monday a strategic cooperation agreement with the provincial government of Southeast China's Fujian Province to provide all-round financial services for the province, the Shanghai Securities Journal reported on Tuesday.

    October22,2020


  • CITIC Securities posts surging net profits in June

    CITIC Securities, one of China's leading brokerage firms, reported rising net profits in June.

    July13,2020


  • China CITIC Bank investigated over client information leaks

    China's banking regulator on Saturday announced an investigation into China CITIC Bank for the leakage of confidential client information.

    May11,2020


  • CITIC Securities reports surging net profit in 2019

    CITIC Securities, one of China's leading brokerage firms, reported rising net profit in 2019 in its preliminary earnings estimate.

    January15,2020


  • CITIC Securities reports rising net profit in H1

    CITIC Securities, one of China's leading brokerage firms, reported rising net profit in the first half of this year (H1).

    July15,2019


  • Chinese auto part manufacturer inaugurates first factory in Morocco

    The CITIC Dicastal Co., Ltd., Chinese manufacturer of aluminum auto parts, inaugurated its first factory in Morocco's Kenitra on Wednesday.

    June28,2019


  • CITIC Securities net profits surge in March

    CITIC Securities, a major Chinese brokerage firm, reported a 56-percent surge in net profits in March as the country's stock market gained strength, company data showed Tuesday.

    April10,2019


  • Algeria, China sign pacts ahead of 6-bln-USD mega phosphate project

    Algeria and China on Monday signed cooperation documents for the implementation of a mega integrated project worth 6 billion U.S. dollars for the exploitation of phosphate in the eastern region of Algeria.

    November27,2018


  • CITIC Bank buys 18 pct stake in car-hailing firm Yidao

    China CITIC Bank on Thursday said its subsidiary has acquired an 18.18-percent stake in Yidao Yongche to get a slice of the booming car-hailing market.

    April13,2018


  • Chinese ride-sharing company teams up with CITIC Bank

    Y!plus, one of the earliest Chinese ride-sharing service providers formerly known as Yidao Yongche, signed a strategic agreement on Thursday with China CITIC Bank in Shenzhen, aiming to jointly explore new business models.

    April13,2018


  • Bank puts focus on internet innovation

    China CITIC Bank Corp Ltd is boosting its internet finance business, to enhance market performance, as profits based on interest-rate spreads are decreasing, according to senior executives.

    April17,2017


  • CITIC "plans domestic IPO" to boost capital

    CITIC Trust Co, China's largest trust firm, is planning an initial public offering on the domestic stock market to boost its capital, according to sources.

    March01,2017


  • McDonald's to set up largest franchisee outside U.S. market in China

    Fast food giant McDonald's announced Monday it would partner with a group of investors, which would make the new company the largest franchisee outside of America.

    January10,2017


  • McDonald's sells 80% stake

    Fast-food chain McDonald's Corp announced on Monday the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP.

    January10,2017


  • McDonald's announces major deal to turnaround China fortunes

    Another 1,500 McDonald's are set to open across the Chinese mainland and Hong Kong in five years under the largest franchise deal outside the US between the fast food giant and a consortium led by CITIC and Carlyle Group.

    January09,2017


  • "Two potential buyers" for McDonald's China

    McDonald's Corp is reported to have narrowed the potential buyers of its China franchise to State-owned CITIC Group Corp and US-based private equity firm Carlyle Group LP.

    December28,2016


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