Wednesday Apr 16
CITIC Pacific buys China assets from parent for $36B, Bloomberg says
CITIC Pacific buys China assets from parent for $36B, Bloomberg says Citic Pacific agreed to purchase China assets from its state-owned parent company in a transaction worth $36B in stock and cash, according to Bloomberg, citing a Hong Kong exchange filing.
CITIC listing lift
Shares of CITIC Pacific rose 2 percent yesterday on news that it is to disclose this week details of its parent listing through it.
RPT-As China lists big businesses in Hong Kong, some investors query reform credentials
China's move to list one of its biggest state-run conglomerates in Hong Kong has left some investors questioning whether Beijing's choice is about improving corporate management and welcoming foreign investors or cementing its own control.
Chinese fear Palmer will control Pilbara port
CITIC Pacific president Zhang Jijing has played down business concerns that its running brawl with Clive Palmer has hurt Australia's image in China, saying Mr Palmer has damaged only his own reputation.
WA voters sold a PUP
Clive Palmer's claim that only he can deliver WA more GST rev- enue is misleading and his other promises to the State's voters are almost impossible to deliver, analysis reveals.
CITIC unit in $31b share plan for family reunion
CITIC Pacific plans to sell about HK$31.2 billion worth of shares to restore its public float after absorbing assets from parent CITIC Group.
Hong Kong shares dragged lower by Tencent, China shares down
Hong Kong shares fell on Thursday, dragged down by index tech heavyweight Tencent Holdings after U.S-listed peers declined, while CITIC Pacific Ltd. jumped after its parent company injected assets into the firm.
CITIC Pacific in talks to buy 100% of shares of parent
CITIC Pacific in talks to buy 100% of shares of parent CITIC Pacific announced that it is discussing with CITIC Group and Beijing CITIC Enterprise Management the acquisition of 100% of the total issued shares of CITIC Limited.