0267.HK - CITIC Limited

HKSE - HKSE Delayed Price. Currency in HKD
11.440
-0.100 (-0.867%)
As of 11:56AM HKT. Market open.
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Previous Close11.540
Open11.520
Bid11.420 x 0
Ask11.440 x 0
Day's Range11.420 - 11.560
52 Week Range10.700 - 12.800
Volume1,300,768
Avg. Volume11,716,555
Market Cap332.793B
Beta0.86
PE Ratio (TTM)7.58
EPS (TTM)1.510
Earnings DateN/A
Forward Dividend & Yield0.36 (3.13%)
Ex-Dividend Date2018-06-19
1y Target Est12.45
  • Reuters14 hours ago

    China's CITIC and Czech-based CEFC Europe to form joint venture

    State-run Chinese conglomerate CITIC and CEFC Europe, the Czech-based unit of China's CEFC, have signed a memorandum of understanding to establish a joint venture, the Czech president's spokesman said. A CITIC delegation, including its chairman, met Czech President Milos Zeman on Wednesday, amid reports it would join forces with CEFC Europe as CEFC comes under pressure. Zeman is pursuing closer economic ties with China, and CEFC has been a top Chinese investor in the central European country.

  • Reuters2 days ago

    Deals of the day-Mergers and acquisitions

    (Updates Open Text and Eletropaulo Metropolitana; adds Xerox, Sanofi, Murray & Roberts, Goldman Sachs, Toys "R" Us and Fortis Healthcare) April 17 (Reuters) - The following bids, mergers, acquisitions ...

  • Reuters3 days ago

    BRIEF-CITIC Appoints Shohei Harada As Independent Non-Executive Director

    April 17 (Reuters) - CITIC Ltd: * APPOINTS SHOHEI HARADA AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR * ANNOUNCES RESIGNATION OF NORIHARU FUJITA FROM BOARD AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR Source text ...

  • Reuters3 days ago

    Czech president meeting China's CITIC after CEFC shake-up

    Czech President Milos Zeman will meet a delegation from Chinese state-run conglomerate CITIC , including chairman Chang Zhenming, his spokesman said on Tuesday, amid reports it could take a stake in another Chinese group's Czech investments. Reuters reported last month that CITIC was in talks to take a stake in Chinese group CEFC's Czech-based unit CEFC Europe, which has bought a number of assets in the Czech Republic.

  • Reuters23 days ago

    BRIEF-CITIC Ltd Says Co ‍Entered Aluminium Alloy Hub Procurement Framework Agreement With CITIC Group​

    March 28 (Reuters) - Citic Ltd: * CO ‍ENTERED ALUMINIUM ALLOY HUB PROCUREMENT FRAMEWORK AGREEMENT WITH CITIC GROUP​ Source text for Eikon: Further company coverage:

  • Reuters23 days ago

    BRIEF-Citic Ltd Says FY Profit Attributable HK$43.90 Bln

    March 28 (Reuters) - Citic Ltd: * FY PROFIT ATTRIBUTABLE HK$43.90 BILLION VERSUS HK$43.15 BILLION * FY TOTAL REVENUE HK$450.54 BILLION VERSUS HK$381.66 BILLION * FY NET INTEREST INCOME HK$116.68 BILLION ...

  • Reuterslast month

    China's Longping High-Tech, ChemChina unit set up corn seed JV

    Chinese seed firm Yuan Longping High-Tech Agriculture on Tuesday said it is setting up a corn seed joint venture with China National Agrochemical Co Ltd, a unit of state-owned chemicals giant ChemChina. The joint venture will allow further development and sales of new varieties of corn for the Chinese market, said a stock exchange statement, adding it will also promote domestic biotech corn. China does not allow genetically modified organism (GMO) corn to be planted in the country, although, it has said it was targeting commercialisation of the crop by 2020.

  • Reuterslast month

    BRIEF-CITIC Ltd ‍Appoints Wu Youguang As Non-Executive Director​

    March 19 (Reuters) - CITIC Ltd: * ‍APPOINTS WU YOUGUANG AS A NON-EXECUTIVE DIRECTOR​ Source text for Eikon: Further company coverage:

  • Reuterslast month

    China's CITIC estimates up to $1 bln impairment on Australia's Sino Iron project

    Chinese conglomerate CITIC Ltd said it would book an impairment of $800 million to $1 billion on the value of its Sino Iron project in Australia for fiscal 2017. "Impairment is a non-cash accounting item, but it will reduce the company's 2017 reported profits," Chairman Chang Zhenming said a filing to the Hong Kong bourse late on Sunday. In November, the Supreme Court of Western Australia awarded Australian businessman Clive Palmer's company about $150 million in damages in a dispute with CITIC regarding Sino Iron mine.

  • Why CITIC Limited (HKG:267) May Not Be As Efficient As Its Industry
    Simply Wall St.last month

    Why CITIC Limited (HKG:267) May Not Be As Efficient As Its Industry

    CITIC Limited (SEHK:267) delivered a less impressive 7.97% ROE over the past year, compared to the 8.77% return generated by its industry. Though 267’s recent performance is underwhelming, it isRead More...

  • Is CITIC Limited’s (HKG:267) Balance Sheet A Threat To Its Future?
    Simply Wall St.2 months ago

    Is CITIC Limited’s (HKG:267) Balance Sheet A Threat To Its Future?

    There are a number of reasons that attract investors towards large-cap companies such as CITIC Limited (SEHK:267), with a market cap of HK$317.08B. One reason being its ‘too big toRead More...

  • Reuters3 months ago

    BRIEF-Youngor's Prelim 2017 Net Profit Down, Sets Aside Provision Of 3.3 Bln Yuan

    Jan 30 (Reuters) - Youngor Group Co Ltd: * SAYS PRELIM 2017 NET PROFIT DOWN 90.4 PERCENT Y/Y AT 355 MILLION YUAN ($56.18 million) * SAYS IT SETS ASIDE PROVISION OF 3.3 BLN YUAN FOR ASSET IMPAIRMENT RELATED ...

  • China's Citic Sees Brazil as Growth Driver After Corn Deal
    Bloomberg4 months ago

    China's Citic Sees Brazil as Growth Driver After Corn Deal

    Citic Agri Fund, an investment vehicle created by China’s largest conglomerate, has chosen Brazil as the platform for its global strategy in agriculture.

  • Reuters5 months ago

    China's CITIC closes $1.1 bln Brazil takeover, sees more ahead

    RIBEIRÃO PRETO, Brazil, Dec 1 (Reuters) - China's CITIC Agri Fund said on Friday it had completed its $1.1 billion acquisition of Dow Chemical Co's corn seed business in Brazil, a potential vehicle for future purchases in Latin America. CITIC plans to rename the business LP Sementes Ltda and have its Yuan LongPing High-tech Agriculture Co run it.

  • Reuters5 months ago

    Back to black? Australian industry prepares for possible summer power cuts

    MELBOURNE/SYDNEY (Reuters) - Some of Australia's biggest power users, including mining giant BHP, are taking steps to curb the impact of any repeat of crippling blackouts that hit last summer, worried about a grid that increasingly relies on wind power and old coal-fired plants. Australia's summer, which starts on Friday, is forecast to be hotter-than-normal in the nation's southeast, already helping double wholesale power prices in the wind-dependent state of South Australia to almost A$170 ($129) per megawatt hour (MWh) (SA-FLAT). The threat has prompted top global miner BHP Billiton (BHP.AX)(BLT.L) to install 30 megawatts of diesel generation at its Olympic Dam copper mine in South Australia, which was forced to close for two weeks last year after a state-wide blackout that cost it $105 million.

  • Reuters5 months ago

    BRIEF-CITIC Ltd notes Supreme Court's judgement on dispute with Mineralogy

    Nov 24 (Reuters) - CITIC Ltd: * Notes judgement by Supreme Court of Western Australia on dispute with Mineralogy Pty Ltd​ * Says co is "disappointed" with Supreme Court's judgment; says co is ...

  • Marketwired6 months ago

    DCH and CITIC Pacific establish an investment fund

    Dah Chong Hong Holdings Limited announced today that it will partner with its parent company, CITIC Pacific Limited , a wholly-owned subsidiary of CITIC Limited, to establish an investment fund -- Tamar ...

  • Benzinga8 months ago

    McDonald's Proposed Chinese Expansion

    Despite the ordeal of climbing over the Chinese barriers, many companies have made a beeline to China and have persisted with their attempts despite the rebuffs. Fast food chain McDonald's Corporation ...

  • Reuters8 months ago

    McDonald's bumps up estimate for stores in China by 2022

    McDonald's Corp said it would almost double the number of stores in mainland China by 2022, slightly more than was expected, as part of its strategic partnership with state-backed conglomerate CITIC Ltd and Carlyle Group. Earlier in the year, the U.S fast food chain agreed to sell most of its China and Hong Kong business to CITIC and Carlyle for up to $2.1 billion.

  • PR Newswire8 months ago

    McDonald's Announces Growth Plan for China Following Completion of Strategic Partnership with CITIC and Carlyle

    OAK BROOK, Ill., SHANGHAI and HONG KONG, Aug. 8, 2017 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD)("McDonald's") today announced the successful completion of a strategic partnership with CITIC Limited (SEHK: 00267)("CITIC"), CITIC Capital Partners ("CITIC Capital"), and The Carlyle Group (NASDAQ: CG)("Carlyle"). Ramping up a new era of growth and innovation, the partnership will operate and manage McDonald's businesses in mainland China and Hong Kong, leveraging combined expertise and strength to drive an expansion strategy.

  • Reuters9 months 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.

  • Bloomberglast year

    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....