Citic

Citic is content with minority shareholdings in Cathay Pacific and Hong Kong Telecom because the Chinese shareholders prefer it to be clear that the companies which have made these operations successful continue to control them.

Hong Kong: Myths and Realities 1992

That venture, dubbed Citic-Bear by insiders, would have marked a bold move by one of China's biggest securities firms to expand outside China and possibly get a foothold on Wall Street, in keeping with the country's ambition to become a top-tier global player.

Price of Bear 2008

The last time Moody's made a downgrade was in November 2003, when it lowered the rating of Citic, then called Citic Industrial Bank.

Abnormal Returns Now 2010

The last time Moody's made a downgrade was in November 2003, when it lowered the rating of Citic, then called Citic Industrial Bank.

Abnormal Returns Now 2010

Citic Securities said in December that both had agreed to integrate Crédit Agricole's Asian brokerage arm and mergers-and-acquisitions business; Credit Agricole's 65%-owned CLSA Asia-Pacific Markets; Crédit Agricole's Cheuvreux European arm; and Citic Securities International's securities brokerage, equity markets and company financing businesses in Hong Kong.

Citic Securities, Crédit Agricole Reach Pact Prudence Ho 2011

Business & Finance Citic Securities will buy a nearly one-fifth stake in both the Asian and European brokerage arms of France's Crédit Agricole, in a step furthering the Chinese brokerage firm's effort to establish a global presence.

What's News— 2011

More recently, Citic Securities has for nearly two years been in talks with Crédit Agricole to form a joint venture that appeared to give both sides what they wanted—an increased global presence for the Chinese company and potential access to the mainland's fast-growing market for the French bank.

Citic Securities, Crédit Agricole Reach Pact Prudence Ho 2011

HONG KONG—China's Citic Securities Co. will buy 19.9% stakes in both the Asian and European brokerage arms of France's Crédit Agricole SA for a combined $374 million, in a step forward for the Chinese brokerage firm's effort to establish a global presence.

Citic Securities, Crédit Agricole Reach Pact Prudence Ho 2011

Citic Securities has been building up its business in Class H shares, or Hong Kong-listed mainland Chinese companies, to complement its strength in A shares, which are traded on the mainland.

Citic Securities, Crédit Agricole Reach Pact Prudence Ho 2011

Thursday, Citic Securities said in an announcement that its Hong Kong brokerage, Citic Securities International Co., will buy 19.9% stakes in the European equity and Asian brokerage arms of CA-CIB, the corporate and investment-banking unit of Crédit Agricole.

Citic Securities, Crédit Agricole Reach Pact Prudence Ho 2011