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CITIC Capital was founded on 4 February 2002 originally as CITIC Capital Markets, an investment banking joint venture between CITIC Group and CITIC Ka Wah Bank. [2] [3] [4] Towards the end of 2002, CITIC Capital Markets entered the retail mutual funds business in Hong Kong. It would rely on CITIC Ka Wah Bank and Cargary Securities to act as its ...
CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. [3]
CITIC Trust Co., Ltd. is a Chinese-owned investment management company, with license to create private equity fund (as trust). The company was a subsidiary of CITIC Group . However, after a reverse takeover , CITIC Limited ( SEHK : 267 ) became the parent company for 100% stake (via CITIC Corporation Limited and CITIC Industrial Investment ...
HONG KONG/BEIJING/SHANGHAI (Reuters) - CITIC Ltd <0267.HK>, the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's <MCD.N> mainland ...
Citigroup (C) may sell its private equity operations, Citi Private Equity, for $10 billion. The reason for the sale is simple. Citigroup is still trying to rebuild its troubled balance sheet and ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
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CITIC Limited and CITIC Capital would own 52% stake collectively (via an intermediate holding, Fast Food Holdings in a 61.54–38.46 ratio, indirectly owned 32% and 20% stake respectively), while Carlyle would own 28% separately. 20% stake would be retained by McDonald's via Golden Arches Investments Limited (the trading name of McDonald's Hong ...