China CITIC Bank
See below for the Latest China CITIC Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
China CITIC Bank Int'l completes first Hong Kong gold clearing trades
China CITIC Bank Int'l completes first Hong Kong gold clearing trades
It is amongst financial institutions who are first to participate in the system.
1 day ago
APAC investment banking fees dip 3% in H1 on lower M&A and DCM fees
Only ECM underwriting fees bucked the trend during the period.
6 days ago
CITIC leads China investment banking fees as market hits 3-year high
It retained its position as the top financial institution in terms of IB fees raised.
CITIC Bank to maintain stable profits and capital but at risk from bad loans
Asset quality should remain stable in 2026 and even through mid-2027.
Citi names Kaustabh Kulkarni as co-head of JANA and Asia South IB
Kulkarni joins from J.P. Morgan, where he spent 28 years.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.
Hong Kong banks report better H2 margins despite CRE risks
Margins and income improved in H2 2024 compared to H1..
CITIC Limited logs 1.1% YoY profit rise to $8.01b in 2024
Earnings per share is RMB2.00, whilst the final dividend proposed is RMB0.36 per share.
China Citic Bank stays resilient with lower exposure to risky sectors
The bank is less vulnerable to challenges from the property and retail banking segments.
China CITIC Bank and HKA launch travel card
Cardholders can earn up to 26,000 points when spending HK$25,000 within the first 5 months of issuance.
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
He brings 27 years of experience in the banking sector.
Risk mgmt efforts to preserve Citic Group’s capital vs profit pressures
Banking subsidiary to manage “modest growth appetite” despite narrowing margins.
China’s investment banking fees drop 33% as ECM falls to 15-year low
The value of IPOs by Chinese issuers also fell to a decade low.
China CITIC Bank warns against fraudulent website and emails
It has reported the matter to authorities in Hong Kong.
China Citic Bank’s green finance moves require more finesse
It aligns with international frameworks, but some have indirect ties to fossil fuels.
Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout
By 2023, cash in hand of $3.7b was enough to cover the acquisition.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation