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CITIC Limited (0267.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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11.760-0.100 (-0.843%)
As of 11:59AM HKT. Market open.
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Previous Close11.860
Bid11.740 x
Ask11.760 x
Day's Range11.740 - 11.840
52 Week Range10.660 - 12.780
Avg. Volume11,441,490
Market Cap342.1B
PE Ratio (TTM)7.95
Earnings DateN/A
Dividend & Yield0.04 (2.94%)
Ex-Dividend Date2017-06-15
1y Target EstN/A
  • Reuters9 days ago

    China's CITIC Agri Fund buys Dow corn seed assets for $1.1 billion

    A Chinese fund part-owned by congolomerate CITIC Ltd has paid $1.1 billion for some of Dow Chemical Co's (DOW.N) corn seed business in Brazil, in a further sign of China's fast-expanding role in the global seed sector. The deal includes seed processing plants and seed research centers, a copy of Dow AgroSciences' Brazilian corn germplasm bank, the Morgan seed brand and a license for the use of the Dow Sementes brand for a certain period of time, Dow said on Tuesday. The assets, which generated revenue of about $287 million in 2016, are being sold by Dow to meet conditions set by Brazilian antitrust regulators for its $130 billion merger with DuPont.

  • MarketWatch16 days ago

    Dow to sell some of its seed business in Brazil in connection with DuPont merger

    The Dow Chemical Co. said late Tuesday it has agreed to sell a portion of its corn-seed business in Brazil to an arm of China's CITIC Ltd. conglomerate for $1.1 billion. The deal is meant to satisfy commitments ...

  • Bloomberg3 months ago

    Citic Sees Buyers Covet Dollar Funds as Capital Controls Tighten

    Chinese companies seeking overseas acquisitions increasingly covet offshore dollar funds as capital controls make it hard for even state-controlled investment firms to finance deals with domestic resources....