Results for citic: 149

* Q1 net profit falls 40.3 percent, more than expected * Profit in 2008 slumps 41 percent due to weak markets * Stands to benefit from second board, IPO resumption (Adds analyst comment, more details)...

Banco Bilbao Vizcaya Argentaria SA, the second-largest bank in Spain, remains undecided on whether to buy a further 5% stake China CITIC Bank Corp<601998><0998> ahead of a deadline next week, Manuel Galatas, general manager for BBVA Asia, said yesterday, sources reported.Galatas told media during an...

SHANGHAI, Oct 30 - Citic Securities Co <600030.SS>, China's biggest listed brokerage, said its third-quarter profit doubled as a stock market recovery boosted trading commissions and underwriting fees. The company, a unit of China's biggest...

China CITIC Bank Corp<601998><0998>, the listed banking unit of the nation's largest investment enterprise CITIC Group, has successfully completed the acquisition of a 70.32% stake in CITIC International Financial Holdings Ltd, sources reported.China CITIC Bank will assign Cao Tong, vice...

CITIC Real Estate, which belongs to CITIC Group, is selling a property subsidiary based in Beijing and an RMB 1-billion debt for a total of RMB 1.31 billion, according to the China Beijing Equity Exchange.In 2008, the Beijing subsidiary suffered RMB 2.53 million in operating loss and RMB 190 million in net loss. The...

Hidili Industry International Development Ltd<1393>, the largest coking coal miner in southwestern China, plans to convert Shenzhen Hengxin Dingli Commercial Trading Co, a wholly-owned subsidiary, into a joint venture with CITIC Trust Co Ltd, a unit of state-owned CITIC Group.Hidili Industry will inject RMB 400...

China CITIC Bank Corp<601998><0998>, the listed banking unit of the nation's largest investment enterprise, CITIC Group, said yesterday that its net profit dropped 16.28% year on year to RMB 7.05 billion in the first half of this year, due to a plunge in net interest income.The bank's net interest income in the first...

CITIC Pacific Ltd<0267>, which is mainly engaged in special steel manufacturing and iron ore mining, yesterday announced that it realized HK$2.47 billion in net profit in the first half of this year, a year-on-year decline of 43.39% from HK$4.36 billion, sources reported. According to the interim financial report, the...

Britain's Barclays Bank Plc on Aug. 18 reduced its shareholding in China CITIC Bank Corp<601998><0998> to 4.89% from the 5.04% it held earlier, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.However, the British bank did not disclose the price of the deal....

China Investment Corp, the country's US$200-billion sovereign wealth fund, has agreed to acquire a 40% stake in Hong Kong-based CITIC Capital Holdings Ltd via a new share subscription, said CITIC Pacific Ltd<0267> in its interim report, which was released yesterday.However, CITIC Pacific did not disclose any...