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April 19, 2015 12:38 PM ET

Industrial Conglomerates

Company Overview of CITIC Group Corporation

Company Overview

CITIC Group Corporation, together with its subsidiaries, provides various financial services in the People's Republic of China and internationally. It operates through six segments: Finance, Real Estate and Infrastructure, Engineering Contracting, Resources and Energy, Manufacturing, and Other Services. The company offers commercial banking services; brokerage, margin trading, securities lending, and QFII and research services; credit asset securitization, cash management trust, and small and medium enterprises trust services; and insurance services. It also provides micro-pawn, finance lease, and factoring services; fund management services; funding for various projects; and private equitie...

Capital Mansion

6 Xinyuannanlu

Chaoyang District

Beijing,  100004



86 10 6466 0088


86 10 6466 1186

Key Executives for CITIC Group Corporation

Vice Chairman, President, Member of Executive Committee and Member of Nomination Committee
Age: 54
Chief Financial Officer
Age: 51
Executive Director and Member of Executive Committee
Age: 59
Head of the Accounting Department and Employee Supervisor
Age: 59
Compensation as of Fiscal Year 2014.

CITIC Group Corporation Key Developments

CITIC Group. Appoints Lee Boo-Jin as an Outside Director

Hotel Shilla CEO Lee Boo-jin has been appointed an outside director of CITIC Group. Lee Boo-jin accepted the firm's request to become a board member of CITIC Group on Dec. 19, 2014.

Qatar Investment Authority and CITIC Group Company Signs Memorandum of Understanding on Joint Investment

Qatar Investment Authority (QIA) and CITIC Group signed a Memorandum of Understanding on joint investment. The MoU provides $10 billion to invest equally in China in several sectors such as infrastructure utilities health energy real estate retail and others.

Bailian To Sell Real Estate Assets

Bailian Group Co., Ltd puts three real estate units up for sale on Shanghai United Assets and Equity Exchange again, with base price dropping to CNY 6.78 billion from CNY 7.26 billion. The assets include hotel-oriented hotels, office buildings and a plot of land in Xuhui District. Sources said a consortium consisting of CITIC Group Company and China Communications Construction Company Limited (SEHK:1800) show more interest in the land and Bailian planned to sell the rest to partners of the consortium.

Recent Private Companies Transactions

December 23, 2014
Asia Satellite Telecommunications Holdings Limited

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