|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.86 - 18.86|
|52 Week Range||15.56 - 24.44|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.51 (2.65%)|
|1y Target Est||N/A|
Many filings have been mired in scrutiny, after the exchange peppered applicants with questions due to what it saw as insufficient detail. The exact start date for the new technology board remains unknown, and could be affected by the ructions in China’s stock market amid the trade war with the U.S. Nonetheless, the Shanghai exchange has said it will review listing applications of three companies at its first IPO review meeting on June 5, a sign that it may soon issue the first approvals.
May 8 (Reuters) - CITIC Securities Co Ltd : * SAYS APRIL NET PROFIT AT 526.4 MILLION YUAN ($77.72 million) Source text in Chinese: http://bit.ly/2YgCj9o Further company coverage: ($1 = 6.7731 Chinese yuan ...
SINGAPORE/BEIJING, April 29 (Reuters) - China's biggest brokerage, CITIC Securities Co Ltd , reported a 58 percent rise in first-quarter profit on Monday, as investment returns surged on the back of a rally in Chinese stock markets. CITIC said its net profit for January through March rose to 4.26 billion yuan ($633 million) from 2.69 billion yuan a year earlier.
April 29 (Reuters) - CITIC Securities Co Ltd: * CITIC SECURITIES CO -OBTAINED BUSINESS QUALIFICATION AS LEAD MARKET MAKER OF FUNDS LISTED ON SHANGHAI STOCK EXCHANGE WITH EFFECT FROM 26 APRIL 2019 Source ...
Asia-focused broker CLSA has appointed Rick Gould as chief executive, replacing company veteran Jonathan Slone who resigned in March amid differences over strategy with the broker's state-backed Chinese parent CITIC Securities (CITIC). Gould, currently chief executive of CLSA Americas, will take on his new role with immediate effect, the company said in a statement on Tuesday. "[Gould's] experience in building high-performing teams and in growing international businesses will be critical to accelerate our strategy to build a leading Chinese global investment bank," said CLSA Chairman Youjun Zhang in the statement.
April 9 (Reuters) - Citic Securities Co Ltd : * SAYS MARCH NET PROFIT AT 1.4 BILLION YUAN ($208.57 million) Source text in Chinese: https://bit.ly/2WXeX82 Further company coverage: ($1 = 6.7125 Chinese ...
April 8 (Reuters) - CITIC Securities Co Ltd: * GE XIAOBO TENDERED HIS RESIGNATION AS CHIEF FINANCIAL OFFICER * LI JIONG SHALL FORMALLY SERVE AS CHIEF FINANCIAL OFFICER Source text for Eikon: Further company ...
SINGAPORE/Hong Kong, March 21 (Reuters) - CITIC Securities Co Ltd, China's biggest brokerage by market value, reported an 18 percent fall in 2018 net profit on Thursday amid a weak domestic stock market. Its net profit for the year dropped to 9.4 billion yuan ($1.41 billion) from 11.4 billion yuan a year earlier, the company said in a stock exchange filing, and was in line with preliminary results released in January. China's 131 brokerages earned 66.6 billion yuan in net profit in 2018, 41 percent lower than they did a year earlier, while their revenue fell 14 percent, according to a Reuters calculation based on data from the Securities Association of China.
March 21 (Reuters) - Citic Securities Co Ltd : * SAYS 2018 NET PROFIT DOWN 17.9 PERCENT Y/Y Source text in Chinese: https://bit.ly/2TNVTMo Further company coverage: (Reporting by Hong Kong newsroom)
The chief executive of brokerage CLSA has resigned with more management change likely amid differences over strategy with Chinese parent CITIC Securities Co Ltd (CITIC), people with direct knowledge of the matter said. Jonathan Slone's departure comes just two weeks after CLSA Chairman Tang Zhenyi resigned from the Asia-focused broker, bought by state-backed CITIC in 2013.
CLSA Ltd. once earned that proud moniker from its former chief executive officer, Jonathan Slone, for its nonconformist research ideas. After a decade as CEO and 30 years at the brokerage, Slone this week became the latest and the most high-profile departure, closely following former Chairman Tang Zhenyi. You can rightly blame the broader challenges facing the research industry, or a culture clash between a largely Western-run house and its Chinese state-owned parent, Citic Securities Co. But ultimately the mass exodus from what was once one of Asia’s top brokerages comes down to its mission: How do you publish independent analysis when your ultimate owner is a government with a tightening grip on your message?
HONG KONG, March 20 (Reuters) - The chief executive of CLSA, the offshore platform of Chinese investment bank CITIC Securities Co Ltd, has resigned, a spokeswoman for the firm said on Wednesday. Jonathan ...
China's leading brokerage Citic Securities issued a rare "sell" rating on the Shanghai-listed shares of People's Insurance Group of China (PICC) citing frothy valuations, knocking the stock down and sending ripples across the broader market. The report also forecast that PICC's yuan-denominated A-shares could slump by more than half over the next 12 months, correcting after their value doubled in the past two weeks. "PICC's A-shares are evidently over-valued, and we give the stock 'sell' rating for the first time," Citic Securities said in the report, which was published late on Thursday.
On Thursday evening, Citic Securities Co. advised clients that People’s Insurance Co. (Group) of China Ltd., a $65 billion giant, could decline more than 50 percent over the next year. Shortly after Citic’s note, Huatai Securities Co. cut its rating on CSC Financial Co., a fellow brokerage. Separately, the state-owned China Securities Journal said in a front-page editorial that sell ratings must become “normal” in the future.
March 6 (Reuters) - Citic Securities Co Ltd : * SAYS FEB NET PROFIT AT 815.2 MILLION YUAN ($121.49 million) Source text in Chinese: https://bit.ly/2ExcedC Further company coverage: ($1 = 6.7101 Chinese ...
March 4 (Reuters) - CITIC Securities Co Ltd: * CHAN, CHARLES SHEUNG WAI RESIGNS AS INDEPENDENT NON-EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage: