TOPIC

/ company

Citigroup

The latest news, analysis and opinion on Citigroup. In-depth analysis, industry insights and expert opinion.

Chairman / President

Jane Fraser

CEO / Managing Director

Jane Fraser

CFO / Finance Director

Mark Mason

Industry

Banking, Financial Services, Fund & Asset Management

Website

citigroup.com

Headquarters address

388 Greenwich Street, New York, NY 10013, USA

Stock Code

NYSE:C

Year founded

1812

in partnership with:

Citi Hong Kong

Citi Hong Kong, established in 1902, is a leading foreign bank providing comprehensive financial services and serving as Citigroup's key Asia Pacific hub.

C-Suite Member

Aveline San
CEO, HK & Macau

LATEST UPDATES

citibank.com.hk

Zijin Mining Group’s market value ballooned to more than US$100 billion this year for the first time. Photo: Shutterstock

Mainland China

Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires

Chairman Chen Jinghe, 68, will become honorary chairman and senior consultant; he says it is the best time to transition to a new leadership.

1 Dec 2025 - 4:37PM

Shanghai

China bets on bio-manufacturing as new growth engine, bid for tech self-reliance

29 Nov 2025 - 11:09AM

Hong Kong stock market

China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

25 Nov 2025 - 4:22PMvideocam

Mainland China

China’s power equipment firms ride AI boom amid demand from US, emerging markets

Chinese suppliers gain from US shortfalls and megaprojects in Latin America, Asia and the Middle East.

24 Nov 2025 - 3:40PM

Chinese power grid equipment manufacturers are propped up by megaprojects in emerging markets. Photo: Xinhua

Banking & finance

China Hongqiao to raise US$1.5 billion in Hong Kong amid aluminium boom

China’s largest private aluminium producer to sell up to 400 million shares for HK$29.20 each, representing a 9.6 per cent discount.

18 Nov 2025 - 4:26PM

China property

China’s property sector needs stronger stimulus: Citigroup economist

Citi is the latest international bank to call for more aggressive policies from Beijing to jolt the country’s ailing property market.

13 Nov 2025 - 6:45PM

US-listed Chinese stocks

Emerging market is the hottest theme in global equities in 30 years

The MSCI Emerging Markets Index has rallied every month from January to October - a feat last seen in 1993 — and is up around 30 per cent this year.

2 Nov 2025 - 2:23PM

Traders on the floor of the New York Stock Exchange (NYSE) in New York on October 30, 2025. Photo: Agence-france Presse

Banking & finance

Glass ceiling shattered: 45% of top Hong Kong financial sector roles go to women

Regulatory changes and shifting corporate culture drive up the number of women taking up senior positions and directorships, a report says.

28 Oct 2025 - 3:45PM

Singapore

Singapore jails ex-banker over role in US$2.3 billion money laundering case

Wang Qiming was sentenced to 24 months in prison after he pleaded guilty to four out of 10 charges.

23 Oct 2025 - 3:44PM

Mergers & Acquisitions

Hang Seng Bank appoints Somerley Capital to assess HSBC’s buyout offer

Somerley will provide its opinion to assist Hang Seng Bank’s independent board committee to evaluate HSBC’s proposal.

22 Oct 2025 - 8:28PM

HSBC announced a plan on October 9 to privatise its Hang Seng Bank subsidiary. Photo: Jelly Tse

Hong Kong stock market

Chinese gold producers fall after bullion’s biggest drop in 12 years ends charge

Profit-taking, easing tensions ‘cool overheated trade and prevent rallies from turning into a bubble’, according to analysts.

22 Oct 2025 - 5:00PM

Gold spot prices plunged 5.3 per cent on Tuesday, its biggest single-day drop since 2013. Photo: AFP

Banking & finance

Opinion | Jitters among US banks raise spectre of global financial crisis

The world appears to have forgotten a key lesson of the global financial crisis: some problems were spotted earlier but sidelined.

23 Oct 2025 - 3:47PMvideocam

Banking & finance

New lending and repo plans accelerate the yuan’s challenge to the US dollar

Hong Kong is the largest offshore yuan market worldwide, with 76 per cent of offshore yuan payments in August conducted in the city.

18 Oct 2025 - 9:00AM

Banking & finance

Wall Street profits jump on soaring stock prices, deal-making

Despite strong results, bankers expressed caution about the outlook, including worries about ‘frothy’ asset prices in some markets.

15 Oct 2025 - 3:52PM

People pass the New York Stock Exchange on November 5, 2024, in New York. Photo: AP Photo

Banking & finance

Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup

Hong Kong is an ideal platform for mainland and international companies aiming to expand globally and pursue opportunities across Asia.

13 Oct 2025 - 8:34AM

Mainland Chinese lenders and Citigroup Hong Kong are partners, not competitors, according to Citi Hong Kong CEO Aveline San. Photo: Edmond So

Banking & finance

Is HSBC’s US$13.6 billion buyout offer good enough for Hang Seng Bank investors?

While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.

10 Oct 2025 - 6:09PMvideocam

Business of climate change

Beijing makes progress in quashing solar-sector price war: analysts

Outlook brightens for beleaguered supply chain, with makers of polysilicon possibly returning to profitability this month.

19 Sep 2025 - 7:30AM

Family offices

Asia-Pacific family offices build portfolios resilient to tariff shocks: Citi

Most family offices in the region expect to see returns of over 5 per cent due to their proactive response to the tariff turmoil.

16 Sep 2025 - 8:00PM

Wealthy clans in Asia-Pacific were ahead of their global counterparts in preparing to hand control to the next generation. Photo: dpa

US-listed Chinese stocks

Stock market rally is built on narrative that is loaded with risk

The most common risks for a hard market landing include cracks in the AI theme, the trade war, swelling debts and a weak US labour market.

15 Sep 2025 - 10:55AM

Banking & finance

China’s healthcare segment eyes record fundraising amid global investor surge

China biotech remains a market bright spot with strong growth, driven by out-licensing, efficiency improvements and cost control.

10 Sep 2025 - 2:25PM

Hong Kong stock market

Citi raises year-end forecast for Hong Kong’s Hang Seng Index

US bank also says it expects the benchmark gauge to climb to 27,500 by mid-2026 and 28,800 by the end of next year.

9 Sep 2025 - 5:06PM

Women check their phones in front of an electronic sign showing the the Hang Seng Index in July. Photo: AFP

Family offices

Citi’s Asia private bank ramps up hiring as capital inflows drive regional rally

Growing number of wealthy clients want to take advantage of market rallies and alternative investments like hedge funds and private equity.

5 Sep 2025 - 7:30AM

Horace Yip Chi-ho, the Hong Kong head of Citi Private Bank. Photo: Jelly Tse

Commodities

Chinese lithium futures see wild swings amid supply worries

Prices this month have risen more than 30 per cent to above US$12,530, before paring monthly gains to around 21 per cent as of Thursday.

22 Aug 2025 - 12:29PM

CATL

CATL lithium mine halt signals Beijing’s EV battery overcapacity concerns

Lithium carbonate contracts in Guangzhou rise by the daily limit of 8 per cent to US$11,279 a tonne.

11 Aug 2025 - 5:04PM

Cryptocurrency

Hong Kong stablecoin regime a ‘double-edged sword’, analysts say

Stringent rules including US$3.2 million capital requirement could sideline start-ups while encouraging big players, experts say.

5 Aug 2025 - 11:00AM

Hong Kong kick-started the application process for potential stablecoin issuers on Friday. Photo: Shutterstock

Hong Kong property

Can Hong Kong’s financial sector revive the city’s floundering office market?

Massive uptake of office space by financial firms amid an upturn in the city’s IPO fortunes offers a glimmer of hope for the property sector.

2 Aug 2025 - 10:00AM

Banking & finance

Wuxi AppTec joins funding rush as appetite grows for China’s biotech

WuxiAppTec raised HK$7.70 billion (US$981 million) in a sale of additional shares to fund its global expansion.

27 Aug 2025 - 5:28PM

Banking & finance

Citigroup to explore stablecoins as Hong Kong and US regulations evolve

Clients are eager but seek clarity on use cases and the coins’ impact on balance sheets and liquidity, US bank’s head of services says.

23 Jul 2025 - 7:30AM

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Citigroup

Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires

Chairman Chen Jinghe, 68, will become honorary chairman and senior consultant; he says it is the best time to transition to a new leadership.

China bets on bio-manufacturing as new growth engine, bid for tech self-reliance

China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

China’s power equipment firms ride AI boom amid demand from US, emerging markets

Chinese suppliers gain from US shortfalls and megaprojects in Latin America, Asia and the Middle East.

China Hongqiao to raise US$1.5 billion in Hong Kong amid aluminium boom

China’s largest private aluminium producer to sell up to 400 million shares for HK$29.20 each, representing a 9.6 per cent discount.

China’s property sector needs stronger stimulus: Citigroup economist

Citi is the latest international bank to call for more aggressive policies from Beijing to jolt the country’s ailing property market.

Emerging market is the hottest theme in global equities in 30 years

The MSCI Emerging Markets Index has rallied every month from January to October - a feat last seen in 1993 — and is up around 30 per cent this year.

Glass ceiling shattered: 45% of top Hong Kong financial sector roles go to women

Regulatory changes and shifting corporate culture drive up the number of women taking up senior positions and directorships, a report says.

Singapore jails ex-banker over role in US$2.3 billion money laundering case

Wang Qiming was sentenced to 24 months in prison after he pleaded guilty to four out of 10 charges.

Hang Seng Bank appoints Somerley Capital to assess HSBC’s buyout offer

Somerley will provide its opinion to assist Hang Seng Bank’s independent board committee to evaluate HSBC’s proposal.

Chinese gold producers fall after bullion’s biggest drop in 12 years ends charge

Profit-taking, easing tensions ‘cool overheated trade and prevent rallies from turning into a bubble’, according to analysts.

.css-1m2rp1p{color:#34b8b5;}Opinion | Jitters among US banks raise spectre of global financial crisis

The world appears to have forgotten a key lesson of the global financial crisis: some problems were spotted earlier but sidelined.

New lending and repo plans accelerate the yuan’s challenge to the US dollar

Hong Kong is the largest offshore yuan market worldwide, with 76 per cent of offshore yuan payments in August conducted in the city.

Wall Street profits jump on soaring stock prices, deal-making

Despite strong results, bankers expressed caution about the outlook, including worries about ‘frothy’ asset prices in some markets.

.css-sioo19{color:#c79a00;}Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup

Hong Kong is an ideal platform for mainland and international companies aiming to expand globally and pursue opportunities across Asia.

Is HSBC’s US$13.6 billion buyout offer good enough for Hang Seng Bank investors?

While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.

Beijing makes progress in quashing solar-sector price war: analysts

Outlook brightens for beleaguered supply chain, with makers of polysilicon possibly returning to profitability this month.

Asia-Pacific family offices build portfolios resilient to tariff shocks: Citi

Most family offices in the region expect to see returns of over 5 per cent due to their proactive response to the tariff turmoil.

Stock market rally is built on narrative that is loaded with risk

The most common risks for a hard market landing include cracks in the AI theme, the trade war, swelling debts and a weak US labour market.

China’s healthcare segment eyes record fundraising amid global investor surge

China biotech remains a market bright spot with strong growth, driven by out-licensing, efficiency improvements and cost control.

Citi raises year-end forecast for Hong Kong’s Hang Seng Index

US bank also says it expects the benchmark gauge to climb to 27,500 by mid-2026 and 28,800 by the end of next year.

Citi’s Asia private bank ramps up hiring as capital inflows drive regional rally

Growing number of wealthy clients want to take advantage of market rallies and alternative investments like hedge funds and private equity.

Chinese lithium futures see wild swings amid supply worries

Prices this month have risen more than 30 per cent to above US$12,530, before paring monthly gains to around 21 per cent as of Thursday.

CATL lithium mine halt signals Beijing’s EV battery overcapacity concerns

Lithium carbonate contracts in Guangzhou rise by the daily limit of 8 per cent to US$11,279 a tonne.

Hong Kong stablecoin regime a ‘double-edged sword’, analysts say

Stringent rules including US$3.2 million capital requirement could sideline start-ups while encouraging big players, experts say.

Can Hong Kong’s financial sector revive the city’s floundering office market?

Massive uptake of office space by financial firms amid an upturn in the city’s IPO fortunes offers a glimmer of hope for the property sector.

Wuxi AppTec joins funding rush as appetite grows for China’s biotech

WuxiAppTec raised HK$7.70 billion (US$981 million) in a sale of additional shares to fund its global expansion.

Citigroup to explore stablecoins as Hong Kong and US regulations evolve

Clients are eager but seek clarity on use cases and the coins’ impact on balance sheets and liquidity, US bank’s head of services says.

Opinion | Jitters among US banks raise spectre of global financial crisis

Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup