267 On Other Exchanges
Symbol
Exchange
267 is not on other exchanges.

citic ltd (267) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
--
EPS TTM
--
Shares Outstanding
--
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CITIC LTD (267)

Related News

No related news articles were found.

citic ltd (267) Related Businessweek News

View More BusinessWeek News

citic ltd (267) Details

CITIC Limited operates in financial services, resources and energy, manufacturing, real estate and infrastructure, engineering contracting, and other businesses worldwide. It offers banking products and services; investment banking, brokerage, securities trading, and asset management services; trust products; and life, health, and accident insurance products, as well as reinsurance products. The company also engages in the exploration, mining, and production of crude oil and coal; bauxite mining and aluminum smelting activities; development of magnetite iron ore mine; import and export of platinum; production of manganese and ferroniobium; operation of coal-fired power stations; and trading of industrial metals. In addition, it manufactures and supplies bars, plates, steel tubes, wires, forging steel, and casting billets; heavy machinery; and automobile aluminum wheels and castings. Further, the company offers engineering contracting services in the areas of infrastructure, housing, and industrial construction, as well as urban and architectural planning design services. Additionally, it develops, sells, and holds residential and commercial properties; constructs and operates expressways, port terminals, and tunnels; sells motor vehicles and related services, and food and consumer products; and engages in telecommunications, commercial aviation, publication, outsourcing, tourism, football club, agriculture, environmental services, logistics, and other businesses. The company has strategic partnerships with CITIC Capital, The Carlyle Group, and McDonald’s Corporation to expand McDonald’s business in Mainland China and Hong Kong. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. CITIC Limited was founded in 1987 and is based in Central, Hong Kong, and is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange. CITIC Limited is a subsidiary of CITIC Group Corporation.

133,526 Employees
Last Reported Date: 04/15/16
Founded in 1987

citic ltd (267) Top Compensated Officers

Vice Chairman and President
Total Annual Compensation: $560.0K
Chairman, Chairman of Citic Group Corporation...
Total Annual Compensation: $560.0K
Vice President and Executive Director
Total Annual Compensation: $10.0K
Vice President and Executive Director
Total Annual Compensation: $10.0K
Compensation as of Fiscal Year 2015.
citic ltd
CITIC Limited, CITIC Capital, The Carlyle Group and McDonald's Form Strategic Partnership to Expand in Mainland China and Hong Kong; Announces Executives Appointments to New Strategic Partnership Company

CITIC Limited ("CITIC"), CITIC Capital Holdings ("CITIC Capital"), The Carlyle Group ("Carlyle") and McDonald's Corporation ("McDonald's") announced the formation of a partnership and company that will act as the master franchisee responsible for McDonald's businesses in mainland China and Hong Kong for a term of 20 years. The total consideration payable by the new company to acquire McDonald's mainland China and Hong Kong business is up to USD 2.08 billion. The consideration will be settled by cash and by new shares in the company issued to McDonald's. After completion of the transaction, CITIC and CITIC Capital will have a controlling stake of 52%, while Carlyle and McDonald's will have interests of 28% and 20%, respectively. The partnership will use its combined expertise and resources to accelerate growth in McDonald's business through new restaurant openings, particularly in tier 3 and 4 cities, and to improve sales performance in existing restaurants. The focus will be on key areas such as menu innovation, enhanced restaurant convenience, retail digital leadership and delivery. It intends to add over 1,500 restaurants in China and Hong Kong over the next five years. Mr. Yichen Zhang, Chairman and CEO of CITIC Capital, will serve as Chairman of the board of the new company. Mr. X.D. Yang, Managing Director and Co-Head of the Asia buyout team of The Carlyle Group, will serve as Vice Chairman of the board of the new company.

CITIC Limited Announces Resignation of Li Rucheng as A Non-Executive Director

The board of directors of CITIC Limited announced that Mr. Li Rucheng (Mr. Li) has resigned from the Board as a Non-executive director of the Company with effect from 20 December 2016 due to his other work commitments. Mr. Li has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company. Mr. Li has been a director of the Company since March 2016. He has provided valuable service and support to the Company during his tenure of office. The Chairman and the Board express their sincere gratitude to Mr. Li for his service and valuable contribution made to the Company as a Board member.

CITIC Limited Announces Establishment of Strategic Committee and Appointment of New Members to Board Committees

The board of directors of CITIC Limited announced that a strategic committee has been established with effect from November 11, 2016. In addition, after taking into account the professional background and experience of each director and the size and composition of the board, certain appointments are made to the board committees with effect from November 11, 2016. The new composition of the board committees is as follow:- Audit and Risk Management Committee (5 members): Francis Siu Wai Keung (Chairman), Liu Yeqiao, Yang Xiaoping, Xu Jinwu, Anthony Francis Neoh; Remuneration Committee (5 members): Anthony Francis Neoh (Chairman), Yang Jinming, Francis Siu Wai Keung (ceased to act as Chairman), Xu Jinwu, Paul Chow Man Yiu; Nomination Committee (7 members): Chang Zhenming (Chairman), Wang Jiong, Yan Shuqin, Francis Siu Wai Keung, Xu Jinwu, Anthony Francis Neoh, Lee Boo Jin; Strategic Committee (8 members): Chang Zhenming (Chairman), Wang Jiong, Song Kangle, Yan Shuqin, Yang Xiaoping, Li Rucheng, Anthony Francis Neoh, Noriharu Fujita.

 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

267 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 267.
View Industry Companies
 

Industry Analysis

267

Industry Average

Valuation 267 Industry Range
Price/Earnings 11.4x
Price/Sales 0.6x
Price/Book 0.7x
Price/Cash Flow 11.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CITIC LTD, please visit www.citic.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.