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News: CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

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24 May 2016
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Mon, Mar 14 2016

CITIC to sell property assets to China Overseas Land for $4.8 bln

HONG KONG, March 14 Chinese conglomerate CITIC Ltd said on Monday it will sell its residential property business in the mainland to China Overseas Land & Investment Ltd for 31 billion yuan ($4.8 billion), as it focuses on commerical property.

BRIEF-Spain's BBVA to sell Citic bank stake when markets improve

* Says the bank will sell its over 3 percent stake in Citic Bank when financial markets improve though is not in any hurry Source text for Eikon: Further company coverage: (Reporting by Madrid Newsroom)

China's CITIC Bank confirms $147 million bill fraud, police contacted

BEIJING, Jan 28 China CITIC Bank Corp confirmed on Thursday it has discovered a fraud involving 969 million yuan ($147.37 million) in funds illicitly drawn from its bill financing business.

Billionaire Palmer loses fight for quick cash from China's CITIC

PERTH Australian billionaire Clive Palmer lost a bid on Monday to get China's CITIC Ltd to pay him a $48 million(31.87 million pounds) advance on disputed royalties he says the Chinese company owes him from its Australian iron ore project.

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