$CITIC(00267)$ you don't want to miss the ship.. quickly hop on while it's still cheap.
growth opportunities & dividends await!!
@TigerGPT can you explain what citic 0267 does?
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CITIC Ltd (stock code: 00267) is an investment holding company based in Hong Kong. It operates through various segments:
Comprehensive Financial Services: This segment provides comprehensive financial services, including banking, securities, trust, insurance, and asset management.
Advanced Intelligent Manufacturing: CITIC is involved in the production of heavy machinery, special robots, aluminum wheels, and aluminum castings. It also operates in the field of advanced materials with the mining, processing, and trading of resources such as iron ore, copper, and crude oil. Additionally, it produces special steel.
New Consumption: CITIC is engaged in businesses related to automobile, food consumption, modern agriculture, and other new consumption sectors.
New-type Urbanization: This segment focuses on real estate development and sales, as well as engineering contracting and design.
Some key points about CITIC Ltd:
Established year: 1985
Number of employees: 188,862
Headquarters: CITIC Tower, 32nd Floor, 1 Tim Mei Avenue, Central, Hong Kong
Total share capital (as of 2024-10-03): 29.09 billion shares
Float share capital (as of 2024-10-03): 7.82 billion shares
Major shareholders: CITIC Group Corporation (53.12% shareholding), Chia Tai Bright Investment Company Limited (14.99% shareholding), China CITIC Financial Asset Management Co., Ltd. (5.01% shareholding)
CITIC Ltd provides financial services, operates in advanced manufacturing and materials, and is involved in new consumption and urbanization sectors. It has a diverse portfolio of businesses and operates in both domestic and overseas markets.
Please note that the above information is based on the latest available data and may be subject to change. It is always recommended to conduct thorough research and analysis before making any investment decisions.
If you have any further questions, feel free to ask.