Villich News

Chinese giant Citic list in Hong Kong through local unit


terradaily.com - 30-Mar-2014

Hong Kong (AFP) March 27, 2014 - Chinese conglomerate Citic Group, whose businesses span property, resources and banking, plans to shift its vast assets into its Hong Kong-listed unit in a multi-billion-dollar deal that will help it tap overseas investment. The country's largest state-run conglomerate will hand all its shares in Citic Limited -- its operating company with unaudited assets worth about...


Read full article at terradaily.com


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