Deepening industry reforms are also likely to lead to a “larger-than-expected” reduction to supply, Citic added.

A head of private-equity investment at China Investment Corp (CIC), the world’s second-largest sovereign wealth fund, has left to join state-owned investment company Citic Group. Bao Jianmin ...

Credit: Autoflight Chinese startup AutoFlight has signed a strategic cooperation agreement with Shenzen-based CITIC Offshore Helicopter and CITIC Financial Leasing that includes an intention to ...

Deepening industry reforms are also likely to lead to a “larger-than-expected” reduction to supply, Citic added. China’s steel industry has been one of the biggest casualties of the country ...

Mr Palmer is claiming the unpaid royalties on 134 million tonnes of ore he says CITIC “trashed” at its $US12bn Sino Iron magnetite operations in Western Australia ...

In the latest twist in a long-running legal battle, billionaire Clive Palmer has hit Chinese conglomerate CITIC with a huge claim for unpaid royalties. Mr Palmer is claiming the unpaid royalties ...

China’s State Council has approved 10 new nuclear reactors across five sites, ramping up the development of the nation’s rapidly expanding nuclear power industry with a combined investment of ...

The China Citic Bank International (CNCBI)’s latest inMotion campaign has highlighted the power of music in driving emotional connection and amplifying brand message. Social media played a ...

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A winding-up proposal for Zhongrong, which had 786 billion yuan ($108 billion) of assets under management as of 2022, was recently submitted to regulators by Citic Trust Co. and CCB Trust Co ...

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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...