News: CITIC Ltd (0267.HK)

0267.HK on Hong Kong Stock

13.76HKD
23 Sep 2014
Price Change (% chg)

HK$-0.09 (-0.61%)
Prev Close
HK$13.85
Open
HK$13.88
Day's High
HK$13.88
Day's Low
HK$13.74
Volume
12,518,400
Avg. Vol
28,852,883
52-wk High
HK$16.88
52-wk Low
HK$9.35

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Fri, Sep 12 2014

Hong Kong shares fall on US interest rate worry, China mixed on credit data

* Sun Hung Kai Properties slips ahead of earnings (Updates to midday)

Hong Kong regulator sues CITIC over $2 billion FX losses in 2008

HONG KONG - Hong Kong's securities regulator is suing Chinese conglomerate CITIC Ltd and five former directors, seeking HK$1.9 billion ($245 million) in compensation for investors over alleged misconduct linked to losses on the Australian dollar in 2008.

UPDATE 1-HK securities regulator files suit against CITIC, five former directors

HONG KONG, Sept 11 - Hong Kong's securities regulator said on Thursday that it had commenced legal proceedings against CITIC Ltd and five former directors for alleged market misconduct relating to foreign exchange contracts in 2008.

HK securities regulator files suit against CITIC, five former directors

HONG KONG, Sept 11 - Hong Kong's securities regulator said on Thursday that it had commenced legal proceedings against CITIC Ltd and five former directors for alleged market misconduct relating to foreign exchange contracts in 2008.

UPDATE 1-China's CITIC books $129 mln half-year loss on Australian iron ore

* Sino Iron says Palmer attacks don't represent Australians (Adds CITIC chairman comments on Palmer)

UPDATE 3-Chinese paper calls for retaliation over Australia tycoon attack

(Updates with Palmer losing another legal fight against CITIC)

Baosteel bets on big cost cuts at Australia iron ore project

MELBOURNE - Chinese steel giant Baosteel Group is counting on slashing the A$7.4 billion ($6.90 billion) cost estimate for the West Pilbara Iron Ore project in Australia to justify building a new mine, rail and port that will add to a global glut of iron ore.

UPDATE 1-Natixis joins banks in hiring M&A, fund-raising experts amid deals spurt

(Recasts, adds details of banks' hiring in Asia and deal volumes)

Asia M&A hits record on surge in Australia, China tech deals

* Record $378 billion of announced M&A amid global deal boom

CORRECTED-Och-Ziff, others buying $690 mln CITIC Pacific stake to boost free float

(Correcting amount in headline and first paragraph to $690 million from $3.8 billion)

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