TOPIC

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Citic

Citic is China's largest state-run conglomerate, with a primary focus in financial services, but also property development, heavy industry and metals and mining. It owns Citic Securities, the country's largest securities company, and China Citic Bank, a second-tier lender. It also owns the Sino Iron mine in Australia's Pilbara region, which is the largest magnetite iron-ore mine in the world.

CFO / Finance Director

Chang Zhenming (Chairman)

Industry

Investment company

Website

citic.com

Headquarters address

Hong Kong

Stock Code

SEHK:0267

Year founded

1979

CICC leads the pack in Hong Kong’s primary market, capturing an 18.7 per cent share. Photo: CFOTO/Future Publishing via Getty Images

Banking & finance

China targets overseas brokerages in crackdown on pay loopholes and corruption

The move extends Beijing’s regulatory reach to financial institutions’ overseas activities, which have been a grey zone for corruption.

15 Sep 2026 - 8:00AM

Yuan

Open Questions | Private equity’s Fang Fenglei on investing in China

12 Sep 2026 - 7:01AMvideocam

China’s Communist Party

China halts drone shows across the country as airspace controls tighten

10 Aug 2026 - 7:14PMvideocam

Banking & finance

Open Questions | Citic Capital CEO on making China a financial powerhouse

Ex-Wall Streeter Zhang Yichen on attracting capital to China, building up its bond market and helping foreign firms better serve Chinese consumers.

17 Jul 2026 - 10:40AMvideocam

Hong Kong society

Why Hong Kong students are heading to mainland China to intern

Students say summers in Shenzhen, Shanghai and Beijing teach them about cross-border communication and offer chance to build connections.

5 Jul 2026 - 9:00AM

Accidents and disasters in China

Why a light plane crash in Beijing created a security dilemma for authorities

Flight schools have been grounded and safety inspections are being carried out after the aircraft hit the tallest building in the capital.

30 Jun 2026 - 7:10PMvideocam

Accidents and disasters in China

China confirms death of pilot in Citic Tower plane crash

District authorities say that only one person was in the two-seater light aircraft at the time of the incident.

27 Jun 2026 - 8:36PMvideocam

The crash of the light sport aircraft scattered debris across Beijing’s central business district. Photo: X.com/Takemikazuchi26

Accidents and disasters in China

Small aircraft hits Beijing’s tallest skyscraper, prompting evacuations

Videos posted to social media show the plane striking the upper floors of Citic Tower, scattering debris in central business district.

27 Jun 2026 - 2:36PMvideocam

Yuan

Shanghai to lead ‘financial superpower’ push as China unveils plan to boost yuan

China’s central bank governor speaks at annual financial forum about further opening repurchase facilities and offshore trading to foreign central banks.

17 Jun 2026 - 2:35PMvideocam

Banking & finance

Giant Chinese brokerage raising billions for overseas expansion

Citic Securities launches largest equity fundraising by a Chinese brokerage since 2022, aiming to raise 16 billion yuan.

1 Jun 2026 - 10:00AM

Hong Kong environmental issues

Solar, so good: Hong Kong’s new landfill-based plant can power 360 homes

Jointly developed by Veolia, SHKP and Citic Pacific, facility features about 1,850 solar panels spanning 140,000 square feet.

28 May 2026 - 10:30PM

The solar farm at South East New Territories Landfill features about 1,850 panels spanning an area of 140,000 square feet. Photo: Elson Li

Banking & finance

America First Fed? Trump pick Warsh signals ‘monetary sovereignty’: analysts

Potential successor to Jerome Powell may pursue policies that pressure US dollar-driven assets and curb global liquidity, analysts say.

22 Apr 2026 - 4:30PMvideocam

Artificial intelligence

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say.

9 Apr 2026 - 8:30PM

Banking & finance

Mainland China and Hong Kong IPOs drive Citic to the top of banking fee rankings

Citic leads Asia-Pacific in fees in the first quarter as IPOs in Hong Kong and mainland China offset weaker debt and M&A activity.

9 Apr 2026 - 5:02PM

Citic Securities led Asia-Pacific with a 6.4 per cent share of the total investment banking fee pool in the first quarter: Photo. Reuters

IPO

China’s tightened IPO rules for some ‘red chips’ in Hong Kong raise concerns

The CSRC asks some Hong Kong listing candidates to change their red-chip structure and issue H shares.

18 Mar 2026 - 9:56AM

The CSRC is tightening listing rules for some firms seeking listings in Hong Kong. Photo: Jelly Tse

Banking & finance

Why China’s rise as a ‘financial superpower’ could depend on Hong Kong

From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.

26 Feb 2026 - 6:07PM

China trade

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

16 Jan 2026 - 9:30AMvideocam

Banking & finance

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

Chinese rivals fill out the rest of the top five, while US bank Morgan Stanley comes in sixth.

6 Jan 2026 - 8:56PM

Citic claimed the crown as the top bookrunner for Asia-Pacific-issued bonds with 6 per cent market share. Photo: Shutterstock Images

IPO

China’s Unitree Robotics completes pre-IPO tutoring for onshore listing

The unicorn is reportedly aiming for a valuation of up to US$7 billion in a listing on Shanghai’s Nasdaq-style Star Market.

17 Nov 2025 - 3:07PMvideocam

Family offices

Exclusive | China’s wealthy flock to Hong Kong for global investments, banker says

China Citic Bank International invests in new private banking centre as cross-border wealth customers triple, Wendy Yuen says.

2 Nov 2025 - 11:37AM

Banking & finance

What AI means for young bankers: fewer entry roles, but faster career paths

AI might be trimming entry roles, but recruiters say graduates with the right mix of technical and soft skills are still in demand.

29 Oct 2025 - 9:30AM

Rather than eliminating entry-level roles, AI could act as a catalyst for faster career progression. Photo: Reuters

Banking & finance

Citic Securities rides Hong Kong’s IPO wave, sponsoring dozens of firms

As hedge funds and long-only investors pour into listings, bank’s Hong Kong unit expands to meet demand, head of investment banking says.

22 Oct 2025 - 8:35AM

Frank Yu, the head of Citic Securities International’s investment banking. Photo: Handout

Banking & finance

HSBC, Standard Chartered complete first yuan repo under new scheme

Under the scheme, all overseas institutional investors in the onshore bond market can remit yuan obtained for offshore use.

29 Sep 2025 - 9:30PM

Artificial intelligence

China narrows AI development gap with US, but still lags in advanced chips: CLSA

The China-US AI gap narrows to around three months from more than a year previously, CLSA’s head of technology research says.

10 Sep 2025 - 9:00AM

China-Africa relations

China investing US$350 million in Angola in drive to boost food security

The deals to grow corn and soybeans involving major state-owned firms come as Beijing seeks to reduce reliance on US agricultural supplies.

2 Aug 2025 - 2:00PMvideocam

A farmer checks newly harvested soybeans in central China’s Henan province. China’s actions in Angola highlight its strategic shift towards Africa for food security, especially given recent trade tensions with the United States. Photo: Xinhua

Robotics

China robotics firm Unitree eyes IPO filing this year

The company is on track to become the first humanoid robot maker to list on a mainland bourse.

21 Jul 2025 - 5:30PM

A humanoid robot from Unitree Robotics. Photo: AFP

Yuan

Why China’s yuan is forecast to keep strengthening against the US dollar

A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.

1 Jul 2025 - 11:59AM

IPO

Apple supplier Lens Tech leads city’s new IPO filings with US$608 million deal

Company sets aside 11 per cent of base offering to local investors; upsize and overallotment options could swell total proceeds to HK$6.3 billion.

30 Jun 2025 - 4:45PM

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Citic

China targets overseas brokerages in crackdown on pay loopholes and corruption

The move extends Beijing’s regulatory reach to financial institutions’ overseas activities, which have been a grey zone for corruption.

.css-1f6sr3w{color:#727272;}Open Questions | Private equity’s Fang Fenglei on investing in China

China halts drone shows across the country as airspace controls tighten

Open Questions | Citic Capital CEO on making China a financial powerhouse

Ex-Wall Streeter Zhang Yichen on attracting capital to China, building up its bond market and helping foreign firms better serve Chinese consumers.

Why Hong Kong students are heading to mainland China to intern

Students say summers in Shenzhen, Shanghai and Beijing teach them about cross-border communication and offer chance to build connections.

Why a light plane crash in Beijing created a security dilemma for authorities

Flight schools have been grounded and safety inspections are being carried out after the aircraft hit the tallest building in the capital.

China confirms death of pilot in Citic Tower plane crash

District authorities say that only one person was in the two-seater light aircraft at the time of the incident.

Small aircraft hits Beijing’s tallest skyscraper, prompting evacuations

Videos posted to social media show the plane striking the upper floors of Citic Tower, scattering debris in central business district.

Shanghai to lead ‘financial superpower’ push as China unveils plan to boost yuan

China’s central bank governor speaks at annual financial forum about further opening repurchase facilities and offshore trading to foreign central banks.

Giant Chinese brokerage raising billions for overseas expansion

Citic Securities launches largest equity fundraising by a Chinese brokerage since 2022, aiming to raise 16 billion yuan.

Solar, so good: Hong Kong’s new landfill-based plant can power 360 homes

Jointly developed by Veolia, SHKP and Citic Pacific, facility features about 1,850 solar panels spanning 140,000 square feet.

America First Fed? Trump pick Warsh signals ‘monetary sovereignty’: analysts

Potential successor to Jerome Powell may pursue policies that pressure US dollar-driven assets and curb global liquidity, analysts say.

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say.

Mainland China and Hong Kong IPOs drive Citic to the top of banking fee rankings

Citic leads Asia-Pacific in fees in the first quarter as IPOs in Hong Kong and mainland China offset weaker debt and M&A activity.

China’s tightened IPO rules for some ‘red chips’ in Hong Kong raise concerns

The CSRC asks some Hong Kong listing candidates to change their red-chip structure and issue H shares.

Why China’s rise as a ‘financial superpower’ could depend on Hong Kong

From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.

.css-1pcrwvc{color:#2aa191;}Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

Chinese rivals fill out the rest of the top five, while US bank Morgan Stanley comes in sixth.

China’s Unitree Robotics completes pre-IPO tutoring for onshore listing

The unicorn is reportedly aiming for a valuation of up to US$7 billion in a listing on Shanghai’s Nasdaq-style Star Market.

Exclusive | China’s wealthy flock to Hong Kong for global investments, banker says

China Citic Bank International invests in new private banking centre as cross-border wealth customers triple, Wendy Yuen says.

What AI means for young bankers: fewer entry roles, but faster career paths

AI might be trimming entry roles, but recruiters say graduates with the right mix of technical and soft skills are still in demand.

Citic Securities rides Hong Kong’s IPO wave, sponsoring dozens of firms

As hedge funds and long-only investors pour into listings, bank’s Hong Kong unit expands to meet demand, head of investment banking says.

HSBC, Standard Chartered complete first yuan repo under new scheme

Under the scheme, all overseas institutional investors in the onshore bond market can remit yuan obtained for offshore use.

China narrows AI development gap with US, but still lags in advanced chips: CLSA

The China-US AI gap narrows to around three months from more than a year previously, CLSA’s head of technology research says.

China investing US$350 million in Angola in drive to boost food security

The deals to grow corn and soybeans involving major state-owned firms come as Beijing seeks to reduce reliance on US agricultural supplies.

China robotics firm Unitree eyes IPO filing this year

The company is on track to become the first humanoid robot maker to list on a mainland bourse.

Why China’s yuan is forecast to keep strengthening against the US dollar

A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.

Apple supplier Lens Tech leads city’s new IPO filings with US$608 million deal

Company sets aside 11 per cent of base offering to local investors; upsize and overallotment options could swell total proceeds to HK$6.3 billion.

Open Questions | Private equity’s Fang Fenglei on investing in China

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade