CITIC Bank acquires US$1.7 billion stake in CIFH

    May 20, 2009 | BY

    clpstaff &clp articles

    China CITIC Bank has acquired a 70.32% interest in CITIC International Financial Holdings (CIFH), an investment holding company of Hong Kong-based CITIC…

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    China CITIC Bank has acquired a 70.32% interest in CITIC International Financial Holdings (CIFH), an investment holding company of Hong Kong-based CITIC Ka Wah Bank, for US$1.7 billion.

    Citic Bank