CITIC Securities Co Ltd (600030.SS)
25 Apr 2019
HONG KONG Dealmaking in Asia has had its slowest start to the year since 2014, even as bankers continue to look ahead to a series of expected strategic asset sales and spin-offs from big multinationals.
* Multinationals, private sector owners expected to sell assets
SINGAPORE/Hong Kong 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.
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.
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.
SHANGHAI/BEIJING, Oct 30 China's biggest brokerage CITIC Securities Co Ltd reported on Tuesday a 42 percent drop in third-quarter earnings on shrinking investment returns.