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Examples

  • Swire bought the 50% stake it didn't already own in Festival Walk from Chinese conglomerate CITIC Pacific Ltd. for HK$6.18 billion in 2006, in a deal that valued the complex at around HK$12.4 billion at the time.

    Swire Pacific to Sell Property for $2.41 Billion Polly Hui 2011

  • RIO DE JANEIRO—A group of Chinese steelmakers together with China's CITIC bank have purchased 15% of Brazil's Companhia Brasileira de Metalurgia e Mineracao, the world's biggest niobium producer, for $1.95 billion.

    Chinese Steelmakers Buy Into Brazil's CBMM Diana Kinch 2011

  • The Shanghai-based brokerage's plan to sell shares on the Hong Kong Stock Exchange follows a similar announcement last month by its bigger rival CITIC Securities , which is negotiating a strategic tie-up with French bank Crédit Agricole.

    Haitong Securities Plans Share Sale In Hong Kong 2011

  • Built jointly by Swire Properties and Beijing-backed CITIC Pacific in 1998, Festival Walk is one of the biggest shopping centers in Hong Kong.

    HK Shopping Mall Fetches $2.4 Billion 2011

  • Among Asian borrowers, Right Century Ltd. has hired BOC International, CITIC Securities International and Goldman Sachs for an offshore yuan-denominated, yuan-settled bond, a person familiar with the proposed deal said.

    Japanese Bonds Drift Megumi Fujikawa 2011

  • CITIC Pacific's Sino Iron project in Australia's Pilbara region is expected to produce at least 2bn tonnes of ore over the next 25 years.

    Australia leases out mineral-rich land as China's hunger for resources grows 2011

  • Hong Yuan Securities fell 4.7% after it said that it plans to raise as much as CNY7 billion via a private placement to replenish capital and expand its business, while CITIC Securities lost 3.8%.

    Asian Shares Fall on Mideast Pressure, New Zealand Quake Colin Ng 2011

  • In February, it reached an agreement with a unit of China CITIC Bank, of which BBVA owns a 15% stake, to originate and execute mandates for Chinese companies interested in purchases in Latin America.

    Spain's BBVA Targets Investment Banking Sara Schaefer Mu 2010

  • China Coal Energy was down 2.8%, China Shenhua Energy fell 3.4% and China CITIC Bank was off 1.8%.

    Asia Lower on Libya; Trade Data Hits China Shri Navaratnam 2011

  • However, 31% of the company is held by Chinese investment group CITIC Group and Korean steelmaker Posco.

    Peabody, ArcelorMittal Sweeten Offer for Macarthur David Fickling 2011

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