News

China CITIC Bank has announced an adjustment to its 2024 Interim Profit Distribution Plan due to an increase in the total number of issued ordinary shares from the conversion of its A Share ...
China Citic Bank International Ltd. has filed a HK$652 million ($83.9 million) lawsuit against developer Logan Group Co. over a loan the builder defaulted on in 2023, according to a court document ...
China's CITIC Securities is cutting pay across its investment banking division, lowering base salaries by up to 15%, two sources said, in a rare move in the country's financial sector as Beijing ...
China Citic Bank’s 601998, or Citic’s, first-half results were largely in line, with quarter-on-quarter improvement in both revenue and net profit growth. We retain our fair value estimate of ...
China CITIC Bank has announced an interim cash dividend of RMB 1.825 per 10 shares for the first half of 2024, with a record date set for December 18, 2024, and payment scheduled for January 15 ...
One of China's top lenders has dealt Russia's economy a significant blow by suspending transactions with Russian banks sanctioned by the U.S. over the invasion of Ukraine, according to Russian ...
China CITIC Bank has nominated Mr. Fu Yamin as a candidate for a non-executive director position on its board, highlighting his extensive experience in finance and management.
Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US dollar amid a stronger-than-expected domestic economy and growing ...
Citic Wealth is China's third-largest bank-owned wealth management unit with 2 trillion yuan ($275 billion) in assets as of the end of last of year. Abrdn declined to comment.
China CITIC Bank Corp. Ltd. detailed financials by Barron's. View 601998 business summary and company performance, for a clear financial breakdown.
Investing.com - UBS downgraded China Citic Bank Corp Ltd (A-Shares) (601998:CH) from Buy to Neutral on Thursday, while raising its price target to RMB9.00 from RMB8.80. The stock price has increased ...