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Citigroup

Big Banks Test the Waters for New China Listings With QuantaSing IPO

The adult education specialist’s IPO underwriters include Citigroup, as well as two of China’s biggest investment banksKey Takeaways:Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new…
January 17, 2023

FAST NEWS: CIMC Vehicles Slumps as Pandemic Slams Brakes on Truck Demand

The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) announced its revenue fell 25.3% to 5.13 billion yuan ($782 million) in this year’s first quarter, while its profit…
April 28, 2022

FAST NEWS: Citi Discloses 5% Stake in Jiumaojiu, But Shares Still Fall

The latest: Citigroup disclosed it has taken a 5% stake in Chinese restaurant chain operator Jiumaojiu International Holdings Ltd. (9922.HK), according to a Hong Kong Stock Exchange filing. Citi had…
December 17, 2021

FAST NEWS: CIMC Vehicles Surges, Then Fades After Citigroup Cuts Stakeholding

The latest: Citigroup cut its stake in China's leading container truck maker CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) by approximately 37.53 million shares on Nov. 12, leaving it with only…
November 22, 2021

Truck Maker CIMC Vehicles Gets Jump-Start From Citigroup

Company’s undervalued shares jump 17% after U.S. financial giant discloses its purchase of a 6.7% stake worth around $200 million Key points: Citigroup has joined Singapore’s GIC by buying a…
August 6, 2021

Recent Articles

January 17, 2023

Big Banks Test the Waters for New China Listings With QuantaSing IPO

April 28, 2022

FAST NEWS: CIMC Vehicles Slumps as Pandemic Slams Brakes on Truck Demand

December 17, 2021

FAST NEWS: Citi Discloses 5% Stake in Jiumaojiu, But Shares Still Fall

November 22, 2021

FAST NEWS: CIMC Vehicles Surges, Then Fades After Citigroup Cuts Stakeholding

August 6, 2021

Truck Maker CIMC Vehicles Gets Jump-Start From Citigroup

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