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

He Xiaopeng, co-founder and CEO of Xpeng, speaks during a launch event for the GX SUV in Beijing on Wednesday. Photo: Reuters

Electric & new energy vehicles

Does Xpeng’s 33% cut on 6-seat SUV portend a new price war?

The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales.

21 May 2026 - 5:12PM

2026 Xi-Trump summit

Trump’s trillion-dollar business delegation arrives in China, eager for deals

14 May 2026 - 12:26PM

Hong Kong property

Hong Kong’s Central office rents set to reverse multi-year slump in second half

14 May 2026 - 7:00AM

2026 Xi-Trump summit

Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors

Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions.

12 May 2026 - 11:03PMvideocam

Apple CEO Tim Cook with US President Donald Trump during an event in the Oval Office of the White House on August 6, 2025. Photo: AP

2026 Xi-Trump summit

Trump’s China visit opens door to ‘casual’ networking between business chiefs

Sources say Beijing’s exclusive Capital Club has been reserved for networking opportunities in a ‘less formal’ setting during state visit.

12 May 2026 - 6:37PMvideocam

2026 Xi-Trump summit

Trump invites Boeing, Mastercard CEOs to join China trip next week: sources

Donald Trump Jnr and Eric Trump will also join the high-stakes summit in Beijing, sources say.

8 May 2026 - 5:53PM

Banking & finance

CK Hutchison’s VodafoneThree exit sparks dividend speculation

Disposal of stake in UK’s biggest mobile carrier adds HK$2 billion profit, but conglomerate unlikely to declare special dividend: Citigroup.

6 May 2026 - 5:45PM

The divestment will lift CK Hutchison’s profit by 7 per cent, according to analysts. Photo: Sam Tsang

Banking & finance

Gold, cruises and Dior: Hong Kong lenders aim to entice mainland China visitors

With 980,000 visitors from the mainland expected during golden week, Hong Kong lenders line up incentives to capture wealthy customers.

1 May 2026 - 6:21PM

Hong Kong company reporting season

WuXi AppTec shares surge 14% in Hong Kong after record first-quarter earnings

The Chinese company’s revenue rose nearly 29 per cent to 12.44 billion yuan, while profit surged about 27 per cent to 4.65 billion yuan.

28 Apr 2026 - 5:27PM

China’s private sector

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

22 Apr 2026 - 4:15PM

Chinese biotech firms reached 157 agreements to out-licence early-stage drugs last year. Photo: Shutterstock

China’s private sector

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

18 Apr 2026 - 11:05AM

Hong Kong economy

From toilet paper to travel: why inflation could soon hit Hongkongers hard

Continuing uncertainty because of the Middle East war-linked oil shock will intensify inflationary pressures, analysts warn.

13 Apr 2026 - 8:30AMvideocam

Banking & finance

ICBC and CCB lead China’s biggest banks in US$61 billion dividend payout

Record payouts come as regulators push listed companies to enhance dividend frequency and predictability.

7 Apr 2026 - 10:31AM

China property

Rising second-hand home sales offer signs China’s property slump is bottoming out

Increased resale activity, driven by first-time buyers and policy support, is fuelling hopes that China’s property market may be stabilising.

29 Mar 2026 - 2:00PM

In Shanghai, about 22,000 second-hand homes changed hands between March 1 and 23, up 170 per cent from the same period a month earlier. Photo: Getty Images

China stock market

Chinese stocks shake laggard image amid oil shock as green transition pays off

China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.

20 Mar 2026 - 4:15PM

An oil tanker is guided to a berth at a port in Qingdao, Shandong province. China has oil reserves of 1.3 billion barrels, enough for four months of supply, according to UBS Group and S&P Global. Photo: AFP

Banking & finance

HSBC launches US$2.5 billion AT1 bond issue in Hong Kong after market standstill

Lender’s AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong’s stability making it the natural venue: analyst.

19 Mar 2026 - 2:04PM

Hong Kong property

Hong Kong property could gain as Middle East turmoil reshapes global wealth

Prolonged conflict in the Gulf could shift investor sentiment, though clear evidence of new capital inflows has yet to emerge.

11 Mar 2026 - 5:45PM

Mergers & Acquisitions

Investment firms remain upbeat on deals despite geopolitical tensions, bankers say

Private equity, sovereign funds and family offices are sitting on record stocks of dry powder even as geopolitical risks cloud the global outlook.

9 Mar 2026 - 5:47PM

Commentators remain broadly optimistic about the outlook, despite continuing tensions in the Middle East. Photo: Dickson Lee

Hong Kong property

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

24 Feb 2026 - 9:44AM

C-Suite Content Hub

Banking on 200 Years of Cross-border Expertise

Citi leverages its 200-year cross-border expertise and vast global network under Ernesto Torres Cantú’s leadership to help companies navigate an increasingly complex international landscape.

SCMP C-Suite

Banking & finance

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

Bank of China (Hong Kong) is giving away hampers, ZA Bank is paying a HK$10,000 bonus, while HSBC and Hang Seng are offering HK$500.

20 Feb 2026 - 11:02AM

Banks in Hong Kong are offering generous return-to-work lai see packets and gifts to their employees. Photo: Jelly Tse

China economy

Strong Lunar New Year demand fuels China’s gold jewellery market

Retailers offer small discounts to spur holiday sales but are set to raise prices after the festival, as investment banks issue bullish outlooks.

17 Feb 2026 - 2:00PM

Customers look at gold rings at a jewellery store in Shanghai. Photo: Reuters

Banking & finance

Hong Kong banks lure wealthy clients with gold, mahjong sets, fireworks

HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.

16 Feb 2026 - 1:03PM

Banking & finance

China’s property woes likely to hurt some Hong Kong banks’ 2025 earnings: Citi

Bank of China (Hong Kong) and Bank of East Asia could be affected the most as they have the highest exposure to China’s property sector.

11 Feb 2026 - 7:05AM

Mergers & Acquisitions

M&A market ‘firing on all cylinders’, headed for record year: Citigroup

Confident companies and investors, solid economic growth, low inflation and ample capital drive outlook, bank’s global M&A co-head says.

9 Feb 2026 - 11:30AM

Guillermo Baygual, Citigroup’s global co-head of mergers and acquisitions, pictured in Hong Kong on February 6, 2026. Photo: Jonathan Wong

IPO

‘Vibrant’ Hong Kong market seen drawing more listings from abroad

But other markets like South Korea could offer stronger near-term returns for international investors, J.P. Morgan Private Bank says.

4 Feb 2026 - 8:37PM

Softcare chairman Shen Yanchang (left) and CEO Luo Jichao take part in a listing ceremony at the Hong Kong stock exchange on November 10, 2025. Photo: Yulu Ao

Pop Mart

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

31 Jan 2026 - 7:30PM

Banking & finance

UBS, Citigroup, Morgan Stanley boost bonus for investment bankers by 20%

Fundraising on the Hong Kong stock exchange reached US$37.22 billion last year, the highest since US$42.97 billion in 2021.

26 Jan 2026 - 7:30AM

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Citigroup

Does Xpeng’s 33% cut on 6-seat SUV portend a new price war?

The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales.

Trump’s trillion-dollar business delegation arrives in China, eager for deals

Hong Kong’s Central office rents set to reverse multi-year slump in second half

Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors

Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions.

Trump’s China visit opens door to ‘casual’ networking between business chiefs

Sources say Beijing’s exclusive Capital Club has been reserved for networking opportunities in a ‘less formal’ setting during state visit.

Trump invites Boeing, Mastercard CEOs to join China trip next week: sources

Donald Trump Jnr and Eric Trump will also join the high-stakes summit in Beijing, sources say.

CK Hutchison’s VodafoneThree exit sparks dividend speculation

Disposal of stake in UK’s biggest mobile carrier adds HK$2 billion profit, but conglomerate unlikely to declare special dividend: Citigroup.

Gold, cruises and Dior: Hong Kong lenders aim to entice mainland China visitors

With 980,000 visitors from the mainland expected during golden week, Hong Kong lenders line up incentives to capture wealthy customers.

WuXi AppTec shares surge 14% in Hong Kong after record first-quarter earnings

The Chinese company’s revenue rose nearly 29 per cent to 12.44 billion yuan, while profit surged about 27 per cent to 4.65 billion yuan.

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

From toilet paper to travel: why inflation could soon hit Hongkongers hard

Continuing uncertainty because of the Middle East war-linked oil shock will intensify inflationary pressures, analysts warn.

ICBC and CCB lead China’s biggest banks in US$61 billion dividend payout

Record payouts come as regulators push listed companies to enhance dividend frequency and predictability.

Rising second-hand home sales offer signs China’s property slump is bottoming out

Increased resale activity, driven by first-time buyers and policy support, is fuelling hopes that China’s property market may be stabilising.

Chinese stocks shake laggard image amid oil shock as green transition pays off

China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.

HSBC launches US$2.5 billion AT1 bond issue in Hong Kong after market standstill

Lender’s AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong’s stability making it the natural venue: analyst.

Hong Kong property could gain as Middle East turmoil reshapes global wealth

Prolonged conflict in the Gulf could shift investor sentiment, though clear evidence of new capital inflows has yet to emerge.

Investment firms remain upbeat on deals despite geopolitical tensions, bankers say

Private equity, sovereign funds and family offices are sitting on record stocks of dry powder even as geopolitical risks cloud the global outlook.

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

.css-12ooj4n{font-family:Roboto Condensed,Roboto Condensed fallback,sans-serif;}Banking on 200 Years of Cross-border Expertise

Citi leverages its 200-year cross-border expertise and vast global network under Ernesto Torres Cantú’s leadership to help companies navigate an increasingly complex international landscape.

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

Bank of China (Hong Kong) is giving away hampers, ZA Bank is paying a HK$10,000 bonus, while HSBC and Hang Seng are offering HK$500.

Strong Lunar New Year demand fuels China’s gold jewellery market

Retailers offer small discounts to spur holiday sales but are set to raise prices after the festival, as investment banks issue bullish outlooks.

Hong Kong banks lure wealthy clients with gold, mahjong sets, fireworks

HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.

China’s property woes likely to hurt some Hong Kong banks’ 2025 earnings: Citi

Bank of China (Hong Kong) and Bank of East Asia could be affected the most as they have the highest exposure to China’s property sector.

M&A market ‘firing on all cylinders’, headed for record year: Citigroup

Confident companies and investors, solid economic growth, low inflation and ample capital drive outlook, bank’s global M&A co-head says.

‘Vibrant’ Hong Kong market seen drawing more listings from abroad

But other markets like South Korea could offer stronger near-term returns for international investors, J.P. Morgan Private Bank says.

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

UBS, Citigroup, Morgan Stanley boost bonus for investment bankers by 20%

Fundraising on the Hong Kong stock exchange reached US$37.22 billion last year, the highest since US$42.97 billion in 2021.

Banking on 200 Years of Cross-border Expertise