Citic @ The China Perspective

Ping An Insurance pays US$14m quake-rescue chopper claim

July 15,2008

By STAFF EDITOR

Ping An Insurance Co (601318.SH) has paid US$13.88 million to Citic Offshore Helicopter Co (COH) (000099.SZ) for the loss of a helicopter used in the rescue operation following the Sichuan earthquake earlier this year, Xinhua reported. It is the largest indemnity paid so far for losses caused during the earthquake. Ping An, the exclusive underwriter of COH, ...

Major aluminum makers agree to cut output 5-10%

July 14,2008

By STAFF EDITOR

More than 20 major aluminum makers participating in an industry conference convened by the National Development and Reform Commission, the Ministry of Commerce and the China Non-ferrous Metal Industry Association have agreed to cut aluminum production by 5-10% for one month from July 10, the Securities Times reported. Industry experts say aluminum production...

Aussie ore price increases have little impact on Chinese steel makers

June 25,2008

By TONY JIN

Baostell has agreed on behalf of Chinese steelmakers to pay Rio Tinto between 80% and 96.5% more for imports of iron ore. The Shanghai Securities News takes a look at what the new deal means for the domestic steel industry

Today's Papers: Food no longer only inflation threat

May 09,2008

By NATHAN GREEN

The Wall Street Journal leads its China coverage with an article on China’s increasingly complex inflation problem. Policymakers are worried because price rises have begun to spread from food, where they were previously concentrated, to other goods and services. Although headline inflation declined from its peak of 8.7% in February to 8.3% in March, th...

Payrolls triple at securities firms

May 06,2008

By STAFF EDITOR

PDB tops annual payroll ranking

April 25,2008

By STAFF EDITOR

Sinofert to increase stake in Jilin Fertilizer Co

April 10,2008

By STAFF EDITOR

US$672m recycling project at Qinghai-Tibet Plateau assessed

April 01,2008

By STAFF EDITOR

CITIC to look for new investment bank tie-ups

March 19,2008

By STAFF EDITOR

Citic Securities pulls plug on Bear Stearns deal

March 18,2008

By STAFF EDITOR

1 2 3 4 5 6 7 8 9

Established in 1979 with focus on finance, industrial production and other services, CITIC Group has grown to be a multinational corporation with 44 subsidiary banks in Hong Kong, North America and Australia. It has controlling shares in CITIC Securities, the largest publicly traded securities broker in the Mainland. It reported an 800 per cent jump in net profit in the first half of 2006. The Group also fully owns many Mainland industry giants include CITIC Bank, CITIC Construction and CITIC Resources Holdings. By the end of 2004, the Group has total assets stood at RMB 701.411 billion with an after-tax profit of RMB 1.782 billion.

Today’s Daily Briefs E-Mail

	Ping An Insurance pays US$14m quake-rescue chopper claim July 15,2008 By STAFF EDITOR Ping An Insurance Co (601318.SH) has paid US$13.88 million to Citic Offshore Helicopter Co (COH) (000099.SZ) for the loss of a helicopter used in the rescue operation following the Sichuan earthquake earlier this year, Xinhua reported. It is the largest indemnity paid so far for losses caused during the earthquake. Ping An, the exclusive underwriter of COH, ... Major aluminum makers agree to cut output 5-10% July 14,2008 By STAFF EDITOR More than 20 major aluminum makers participating in an industry conference convened by the National Development and Reform Commission, the Ministry of Commerce and the China Non-ferrous Metal Industry Association have agreed to cut aluminum production by 5-10% for one month from July 10, the Securities Times reported. Industry experts say aluminum production... Aussie ore price increases have little impact on Chinese steel makers June 25,2008 By TONY JIN Baostell has agreed on behalf of Chinese steelmakers to pay Rio Tinto between 80% and 96.5% more for imports of iron ore. The Shanghai Securities News takes a look at what the new deal means for the domestic steel industry Today's Papers: Food no longer only inflation threat May 09,2008 By NATHAN GREEN The Wall Street Journal leads its China coverage with an article on China’s increasingly complex inflation problem. Policymakers are worried because price rises have begun to spread from food, where they were previously concentrated, to other goods and services. Although headline inflation declined from its peak of 8.7% in February to 8.3% in March, th... Payrolls triple at securities firms May 06,2008 By STAFF EDITOR PDB tops annual payroll ranking April 25,2008 By STAFF EDITOR Sinofert to increase stake in Jilin Fertilizer Co April 10,2008 By STAFF EDITOR US$672m recycling project at Qinghai-Tibet Plateau assessed April 01,2008 By STAFF EDITOR CITIC to look for new investment bank tie-ups March 19,2008 By STAFF EDITOR Citic Securities pulls plug on Bear Stearns deal March 18,2008 By STAFF EDITOR 1 2 3 4 5 6 7 8 9	Established in 1979 with focus on finance, industrial production and other services, CITIC Group has grown to be a multinational corporation with 44 subsidiary banks in Hong Kong, North America and Australia. It has controlling shares in CITIC Securities, the largest publicly traded securities broker in the Mainland. It reported an 800 per cent jump in net profit in the first half of 2006. The Group also fully owns many Mainland industry giants include CITIC Bank, CITIC Construction and CITIC Resources Holdings. By the end of 2004, the Group has total assets stood at RMB 701.411 billion with an after-tax profit of RMB 1.782 billion. Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR China’s textiles sector in need of govt support Beverage maker involved in JV ethanol project Liaoning garment maker takes 8.8% of life insurer Air China IH revenues up 5.5% to $3.55b China labor market Asia’s most active in Q3: Hudson Chongqing to build software outsourcing center Chinese economy to hit cyclical trough in 2010 TCL’s TV and mobile handset sales surge Shanghai property market down in early July Diesel engine producer gets US$176m bank loan package Go to Complete List >

LOGIN AGRICULTURE AND FOOD AUTOMOTIVE AVIATION BANKING, FINANCE AND INSURANCE CHEMICALS CONSUMER AND RETAIL DEMOGRAPHICS EDITOR'S BLOG ENERGY HEAVY INDUSTRY INFRASTRUCTURE AND CONSTRUCTION INVESTMENT LEGAL AND REGULATORY LOGISTICS AND TRANSPORT MACROECONOMICS NATURAL RESOURCES AND COMMODITIES PHARMACEUTICALS POLITICS REAL ESTATE STOCK MARKETS TELECOMMUNICATIONS, MEDIA AND TECHNOLOGY TEXTILES TRADE ABOUT US Affiliates Contact Us HELP Privacy Policy Terms of Use