News: CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

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Wed, Jun 24 2015

China's CITIC to invest $113 billion for "Silk Road" investments

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.

China's CITIC to invest $113 billion for 'Silk Road' investments

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.

China's CITIC to invest $113 billion for "Silk Road" investments

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.

China Citic Bank says to buy 3.8 pct of Taiwanese peer CTBC

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.

Citic Ltd wins auction for HK$1.5 bln residential site in Hong Kong

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.

BRIEF-CITIC Pacific's unit wins residential site for HK$1.5 bln

* 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)

CITIC may appeal dismissal of lawsuit against Australian foe

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.

UPDATE 1-Itochu sees CP, CITIC link boosting net profit by a third in 3 years

* Projects record Y330 bln in net profit in 15/16 (Adds president's quotes and details from news conference)

UPDATE 2-BBVA doubles first-quarter profit on Mexico, one-off gains

* Shares fall 1 percent (Recasts with Venezuela troubles, adds analyst quote)

Spain's BBVA Q1 profit more than doubles on China gain

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.

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