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Citic Group
Citic Group
NEWS
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U.S. temporarily lifts tax on PV cells and modules from suppliers in Cambodia, Malaysia, Thailand and Vietnam, many of which are backed by Chinese companies
Jun.8 2022 20:13 PM
company-info
Wang Zhanfeng heads up state-owned China Orient Asset Management, another ‘Big Four’ AMC
Apr.20 2022 19:35 PM
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While bad-debt manager remains a state-owned financial institution, the move leaves it one step removed from direct government control
Mar.29 2022 13:55 PM
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Scandal-plagued bad-debt manager moves to speed up revitalization and restructuring following announcement of rescue plan led by Citic
Sep.16 2021 03:31 AM
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China’s second-biggest financial holding company is leading a bid to pull bad bank back from the brink
Sep.3 2021 23:46 PM
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Citic Group subsidiary and Everbright apply to become financial holding companies under the tightened central bank rules introduced in September
Jun.7 2021 21:15 PM
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Li Qingping, 58, will be replaced by former central banker Zhu Hexin, whose appointment is pending regulatory and shareholder approval
Mar.16 2021 19:50 PM
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Li Ge, 49, accepted massive bribes, illegally issued money-losing loans and used his power to obtain personal benefits, parent Citic Group says in statement
Jan.13 2021 07:18 AM
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Though both deny renewed Bloomberg reporting, analysts see a combination as feasible as policymakers press to create investment banking giant to compete with Wall Street
Jul.4 2020 02:19 AM
company-info
The new appointment is the latest in a round of senior appointments and changes at Citic Group
Jun.23 2020 17:59 PM
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Zhu Hexin, who oversees the PBOC’s financial stability bureau, will likely look to defuse some of the conglomerate’s risks
Mar.20 2020 21:22 PM
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Sun Deshun might be linked to a criminal case involving a 2 billion yuan deal by an ex-chairman of a Citic Group subsidiary, sources said
Sep.18 2019 20:06 PM
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Bank moves to fulfill guarantee of troubled conglomerate’s borrowing after failure to repay bank for defaulted interest payment in March
Jun.22 2019 03:49 AM
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Mixed-ownership reform should prioritize well-performing firms in competitive sectors
Apr.12 2019 21:46 PM
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Once conglomerate Citic Guoan missed an interest payment, it left the bank, a guarantor, on the hook for 2.5 billion yuan
Mar.19 2019 20:22 PM
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The biggest moves in China’s financial sector — an energy giant reshuffle and a headless telecoms company
Mar.8 2019 19:49 PM
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National Audit Office report exposes litany of bad behavior at state-owned financial institutions
Jun.21 2018 18:42 PM
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Supervision by central bank comes after 16-year wait
Jun.3 2018 17:13 PM
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Burger giant inks new property-group deal to serve up thousands of new locations within five years
Sep.26 2017 16:22 PM