U.S.-based Citibank today said it will retain the rating of 鈥渟ell鈥� for Sun Hung Kai Properties<0016>, but raised the stock鈥檚 target price to HK$86.08 from the previous HK$75.33.The lender projected a 12% decline in Sun Hung Kai Properties' net profit for fiscal 2009.Swiss investment bank UBS AG recently said...
Citibank has enterted into a strategic partnership with Virgin Megastore to bring its products into the store.
Citibank (China) Co Ltd, the China unit of U.S.-based Citibank, announced on Wednesday that its net income hit RMB 1.3 billion in 2008, up 95% from a year earlier, sources reported.The company's operating revenue surged 46% from the previous year to RMB 3.6 billion last year....
Mar. 2, 2009 (China Knowledge) - China Development Bank (CDB) and Citibank are in talks with Gome Electrical Appliances Holdings Ltd<493> for the purchase of stakes in the major home appliance retailer in China, the China Daily reported on Friday.
Citibank (China) Co Ltd, the local incorporation of U.S.-based Citibank, has received the approval to set up a lending company in Liaoning province.China Banking Regulatory Commission Dalian Bureau issued the approval, which allows the Bank's new lending company to open in Wafangdian, a city town governed...
Dec. 17, 2008 (China Knowledge) - Citibank, the consumer banking unit under the U.S. financial service giant Citigroup Inc, set up its first lending company in mainland China yesterday, sources reported.The new lending company, named...
Nov. 26, 2008 (China Knowledge) - Citibank China, the locally-incorporated retail banking unit of Citigroup assures Chinese customers that their deposits remain safe despite the despite the U.S. government's decision to rescue the U.S. banking...
Sep. 12, 2008 (China Knowledge) - Citibank (China) Co Ltd, one of the first foreign banks incorporated in China, said yesterday that it is very optimistic about its small and medium-sized enterprise (SME) business this...
U.S.-based financial services provider Citibank recently retained a rating of "buy" for Hong Kong-listed property developer Hysan Development Co Ltd<0014>, decreasing the stock's target price to HK$17.38 from the previous HK$17.42, sources reported.Hysan Development saw stable business growth and had...
Citibank (China) Co Ltd, the China unit of U.S.-based Citibank, has obtained approval from the China Banking Regulatory Commission to set up a branch in Chongqing in the second half of this year, the Shanghai Daily reported. The new bank will be the lender's ninth branch in mainland China....