CITIC Ltd

CITIC Ltd

Community score

+/-0.00 -55
Industry: Commercial Banks
Listing country: Hong Kong
Year added: 2022

CITIC Ltd, a prominent conglomerate established in 1986, is headquartered in Beijing, China. The company has a diversified business portfolio that spans across various sectors. The financial services segment of CITIC Ltd provides an array of services, including, but not limited to, banking, trust, asset management, securities, and insurance. In the resources and energy domain, CITIC Ltd operates by engaging in the development, processing, and trading of essential commodities like crude oil, coal, and iron ore. Within its manufacturing capacity, the conglomerate produces special steels, heavy machinery, and aluminum wheels, among other industrial products. Further extending its reach, CITIC Ltd is an active participant in engineering contracting, with a focus on infrastructure, housing, and municipal engineering projects. The company also plays a significant role in the real estate sector by developing and managing varied projects. Aside from the aforementioned sectors, CITIC Ltd is involved in a diverse range of other businesses, which include telecommunications, automotive, and food industries. While the firm has a roster of brands, especially notable within the financial sector, a consolidated list of these brands is not readily available due to the extensive variety of services and products the conglomerate offers. Though CITIC Ltd's primary market is in China, the company's business activities extend beyond national borders, reflecting its presence in international markets. The significance of these international markets to CITIC Ltd varies based on the specific needs of each business segment and ongoing market dynamics. (Powered by AI)

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