China's CITIC Pacific has agreed to buy the main operating unit of its parent, State-backed CITIC Group, for $36.5 billion in a stock and cash deal aimed at diversifying its metals and mining ...

Citic Pacific is buying a stake in a fibre-optic network from its chairman in preparation for a future mainland joint venture, analysts believe. The company said on Tuesday it would pay chairman ...

China's CITIC Pacific said it had secured $5.1 billion to help fund the purchase of some $36 billion in assets from its State-owned parent company, as strategic investors lined up to give the ...

Citic Pacific, a state-backed conglomerate, has no imminent plan to sell its assets to shore up its finances after incurring more than HK$16.8 billion of paper loss on its soured foreign currency ...

Shares of CITIC Pacific saw a slight rebound to HK$5 yesterday on the back of a 70 percent slump following the company's delayed disclosure of a HK$15.5 billion loss from currency trading.

HONG KONG (Reuters) - China's CITIC Pacific has agreed to buy the main operating unit of its parent, state-backed CITIC Group, for $36.5 billion (21.7 billion pounds) in a stock and cash deal aimed at ...

[HONG KONG] Minority shareholders of Hong Kong-listed Citic Pacific Ltd have approved a landmark deal to acquire US$36 billion of assets from its state-owned parent Citic Group Corp, China's biggest ...

The company announced it had to pay the additional funds to Metallurgical Corp of China, the main engineering and construction contractor for its Sino Iron project, because of the changes in the ...

HONG KONGHONG KONG — Citic Pacific Ltd., the Hong Kong arm of a Chinese government investment company, said it has secured a $1.5 billion bailout from its parent company to cover losses from bad ...

(Reuters) - China's CITIC Pacific Ltd <0267.HK> said it had secured $5.1 billion to help fund the purchase of some $36 billion in assets from its state-owned parent company, as strategic investors ...