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Top News In Huarong Group Today - Breaking & Trending Today

China Huarong buys 5% stake in CITIC in $1.75b deal to improve finances

State-owned China Huarong Asset Management said on Wednesday it has agreed to buy a 5.01% stake in CITIC Ltd for $1.75 billion. ....

Hong Kong , Hong Kong Stock Exchange , State Owned China Huarong Asset Management , Hong Kong Stock ,

China Huarong to Buy Stake in Citic for Over $1.7 Billion

By P.R. Venkat

State-owned China Huarong Asset Management has agreed to buy a minority stake in another state-run conglomerate, Citic Ltd., for 13.63 billion Hong Kong dollars .

Huarong. ....

Hong Kong , Hong Citic Ltd , Citi Ltd , Citic Ltd , Citic Group , China Huarong Asset Management , Citic Polaris , Kong Listed Citic , Dow Jones ,

China Huarong buys stake in Citic Limited for US$1.7 billion; distressed asset manager to adopt Citic name

The company, one of China’s largest distressed debt managers, will acquire a 5.01 per cent stake at HK$9.35 per share from Citic Polaris, a wholly owned subsidiary of Citic Group, and change its name to China Citic Financial Asset Management. ....

Hong Kong , Xu Jiongwei , Lai Xiaomin , Citic Group , China Securities Investment , Huarong Asset Management , Asset Management ,

Huarong Sends $1.7 Billion Back to Citic After Asset Sales

(Bloomberg) China Huarong Asset Management Co. returned almost $2 billion back to Citic Group, in a sign of closer ties after the financial conglomerate led a bailout of the bad debt manager two years ago. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsSpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024Rolex, Patek Prices Hit Fr ....

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China Huarong Asset Management Shares Soar on Citic Stake Buy

By Sherry Qin Shares in China Huarong Asset Management rose sharply after the company agreed to buy a minority stake in Chinese state-run conglomerate Citic. ....

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