Citic @ The China Perspective

Today’s news through a Chinese media lens

April 26,2007

By AMY CHEUNG

Index-based futures postponed, Insurance premiums to boost markets: NDRC

China Post eyes insurance

Bush denies approval for Citic-GE satellite bid

April 25,2007

By STAFF EDITOR

A General Electric subsidiary planned to team up with state-owned Citic Group to privatize Asia Satellite Telecommunications Holdings, but the Bush administration has blocked the bid.

Citic IPO raised US$5.4 billion

April 24,2007

By STAFF EDITOR

China’s Citic Bank has the largest IPO in the world so far this year, raising US$5.4 billion. A combined 2.3 billion A-shares and 4.9 billion H-shares will begin trading today in Shanghai and Hong Kong, the first simultaneous listing since ICBC’s IPO last year.

Today’s news through a Chinese media lens

April 19,2007

By AMY CHEUNG

China targets asset bubbles: Deutsche Bank, Analysts predict rate hike Textiles exports fall in March

CITIC Bank Kicks Off US$3 Bln IPO

April 04,2007

By STAFF EDITOR

China CITIC Bank Corp. Ltd., the country's seventh-biggest commercial bank, began marketing a $3 billion IPO in Shanghai and Hong Kong on Wednesday that is expected to command strong demand from investors seeking access to double-digit growth in the world's fourth-largest economy, Reuters reported.

Investment-linked Insurance Captures Market Attention

March 29,2007

By AMY CHEUNG

As Chinese life insurers expand product offerings and sales channels in an increasingly competitive industry, a red-hot capital market is putting investment-linked insurance in the spotlight.

Telecom Restructuring Likely to Precede 3G Licensing

March 29,2007

By AMY CHEUNG

The government is considering a strategic restructuring of the telecommunications industry to better balance resource distribution among the main players ahead of 3G licensing.

China's Country Garden Eyes US$1.66 Billion HK IPO

March 29,2007

By STAFF EDITOR

Chinese developer Country Garden was looking to raise as much as US$1.66 billion after setting the price range for its Hong Kong initial pubic offering at HK$4.18 to HK$5.38 per share, Reuters reprted quoting sources close to the deal.

CITIC East China and Calyon Financial to Form Chinese Futures Brokerage

March 26,2007

By STAFF EDITOR

CITIC East China (Group) Corp., Ltd. and Calyon Financial Hong Kong Ltd. today announced in a statement the signing of a joint venture agreement, forming a new futures brokerage entity established under the Closer Economic Partnership Arrangement.

Short-term Fluctuations, New Financial Products Highlights of the Stock Market

March 19,2007

By AMY CHEUNG

Asset reorganization, the launch of index-based futures, Yuan appreciation, and interest rate hikes are continuing to be the arbiters of the stock market's course.

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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

	Today’s news through a Chinese media lens April 26,2007 By AMY CHEUNG Index-based futures postponed, Insurance premiums to boost markets: NDRC China Post eyes insurance Bush denies approval for Citic-GE satellite bid April 25,2007 By STAFF EDITOR A General Electric subsidiary planned to team up with state-owned Citic Group to privatize Asia Satellite Telecommunications Holdings, but the Bush administration has blocked the bid. Citic IPO raised US$5.4 billion April 24,2007 By STAFF EDITOR China’s Citic Bank has the largest IPO in the world so far this year, raising US$5.4 billion. A combined 2.3 billion A-shares and 4.9 billion H-shares will begin trading today in Shanghai and Hong Kong, the first simultaneous listing since ICBC’s IPO last year. Today’s news through a Chinese media lens April 19,2007 By AMY CHEUNG China targets asset bubbles: Deutsche Bank, Analysts predict rate hike Textiles exports fall in March CITIC Bank Kicks Off US$3 Bln IPO April 04,2007 By STAFF EDITOR China CITIC Bank Corp. Ltd., the country's seventh-biggest commercial bank, began marketing a $3 billion IPO in Shanghai and Hong Kong on Wednesday that is expected to command strong demand from investors seeking access to double-digit growth in the world's fourth-largest economy, Reuters reported. Investment-linked Insurance Captures Market Attention March 29,2007 By AMY CHEUNG As Chinese life insurers expand product offerings and sales channels in an increasingly competitive industry, a red-hot capital market is putting investment-linked insurance in the spotlight. Telecom Restructuring Likely to Precede 3G Licensing March 29,2007 By AMY CHEUNG The government is considering a strategic restructuring of the telecommunications industry to better balance resource distribution among the main players ahead of 3G licensing. China's Country Garden Eyes US$1.66 Billion HK IPO March 29,2007 By STAFF EDITOR Chinese developer Country Garden was looking to raise as much as US$1.66 billion after setting the price range for its Hong Kong initial pubic offering at HK$4.18 to HK$5.38 per share, Reuters reprted quoting sources close to the deal. CITIC East China and Calyon Financial to Form Chinese Futures Brokerage March 26,2007 By STAFF EDITOR CITIC East China (Group) Corp., Ltd. and Calyon Financial Hong Kong Ltd. today announced in a statement the signing of a joint venture agreement, forming a new futures brokerage entity established under the Closer Economic Partnership Arrangement. Short-term Fluctuations, New Financial Products Highlights of the Stock Market March 19,2007 By AMY CHEUNG Asset reorganization, the launch of index-based futures, Yuan appreciation, and interest rate hikes are continuing to be the arbiters of the stock market's course. 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 Shanghai MNC workers to get 10% pay boost: survey Shanghai Industrial Development takes control of Shanghai Haiji Real Estate Foshan launches $733m SME fund Changchun GE drugmaker builds new facility Sany Group merges subsidiaries Auto trade up in August Textile profits slow Investment in Shanghai manufacturing falls Beiqi Foton builds light truck plant in Sichuan province Goldman invests US$37m in NVC Lighting Go to Complete List >

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