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CITIC International Financial Holdings Limited
CITIC International Financial Holdings Limited (shortened to "CIFH", former stock code ) is the financial flagship company of the CITIC Group outside mainland China. It is the holding company of CITIC Bank International, has a 50% stake in CITIC Capital Holdings Limited and a 40% stake in CITIC International Assets Management Limited. CITIC Group privatized Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ... CIFH in 2008. References External links Government-owned companies of China CITIC Group Companies formerly listed on the Hong Kong Stock Exchange {{HK-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CITIC Group
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. Its headquarters are in Chaoyang District, Beijing. As of 2019, it is China's biggest state-run conglomerate with one of the largest pools of foreign assets in the world. Businesses Its initial aim was to "attract and utilize foreign capital, introduce advanced technologies, and adopt advanced and scientific international practice in operation and management." It now owns 44 subsidiaries including China CITIC Bank, CITIC Limited, CITIC Trust and CITIC Merchant (mainly banks) in China, Hong Kong, the United States, Canada, Australia and New Zealand. History CITIC Group was founded as the China International Trust Investment Corporation (; abb. CITIC), a Chinese state-owned enterprise in 1979. In the 1980s, Chinese government foun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |