CITIC INT'L PLANS TO ACQUIRE STAKE IN CHINA CITIC BANK. (28-MAR-06) AsiaPulse News

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CITIC INT'L PLANS TO ACQUIRE STAKE IN CHINA CITIC BANK.

Publication: AsiaPulse News

Publication Date: 28-MAR-06

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BEIJING, March 28 Asia Pulse - CITIC International Financial Holdings (CIFH), the financial flagship of CITIC Group outside China's mainland, plans to acquire a stake in China CITIC Bank.

The looming deal, experts say, is a prelude of the integration of Beijing-based CITIC Bank and Hong Kong-based CITIC Ka...

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