Our Company 

CITIC Limited (00267.HK) is one of China’s largest conglomerates and a constituent of the Hang Seng Index. The company is focused on five business segments: comprehensive financial services, advanced intelligent manufacturing, advanced materials, new consumption and new-type urbanisation.

The predecessor of CITIC Limited, China International Trust and Investment Corporation, was established by Mr Rong Yiren with the support of Mr Deng Xiaoping. It played a crucial role as a pilot for national economic reform and an important window on China’s opening to the outside world. CITIC successfully blazed a new trail of development for China’s reform and opening up and modernisation by raising foreign capital, introducing advanced technologies and adopting advanced international practice in operation and management.

After years of development, relying on its strengths in marketisation and internationalisation, CITIC has developed into a multinational conglomerate with synergies between industrial and financial sectors, diverse businesses and operations in around 160 countries and regions. In August 2014, CITIC became a listed company in Hong Kong, further accelerating its internationalisation.

In recent years, with a vision of “building an outstanding conglomerate with a lasting reputation”, CITIC has comprehensively deepened reforms, promoted high-quality development and continuously enhanced its value creation capability and shareholder returns. The company has implemented the “Financial Core” Initiative to strengthen and optimise the financial sector, along with the “Industrial Starlink” Initiative to promote the transformation of industrial subsidiaries towards high-end, green and intelligent development while accelerating the deployment in strategic emerging and future industries. The “Technological Rock” Initiative has also been launched to promote a deep integration of sci-tech advancements with industrial innovations by developing sci-tech innovation clusters with a CITIC-specific innovation system.