Financial Services
Our financial business, which spans the banking, trust, insurance and securities sectors, offers customers a full-service platform of integrated financial solutions.
Major subsidiaries:
-
CITIC Bank is a fast-growing commercial bank providing corporate banking, retail banking and financial markets services. -
CITIC Trust is the largest trust company in China in terms of total assets under management. -
CITIC-Prudential is a joint venture between CITIC Corporation and Prudential that provides life, health and accident insurance, as well as other reinsurance services. -
CITIC Securities is the largest securities company in China with business interests in investment banking, brokerage, securities trading, and asset management.
In 2017, CITIC Limited’s financial services business recorded revenue of HK$190 billion, an increase of 1% from the year before. Profit attributable to ordinary shareholders increased by 3% to HK$39.5 billion. CITIC Bank’s profit grew slightly by 2%. The trust, insurance and securities businesses performed well and recorded double-digit growth during the year.
