Frankfurt - Delayed Quote EUR

CITIC Limited (CPF0.F)

4.7800

+0.0400

+(0.84%)

As of 8:05:03 AM GMT+2. Market Open.

China’s Steel Industry Plans Compensation for Shutting Old Mills

(Bloomberg) -- China’s steel industry is considering paying firms to shutter outdated steel plants, amid government efforts to rein in the country’s mammoth output. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsQian Gan

Bloomberg 21 days ago

CTPCY
China's Trustar raises $1 billion for vehicle that holds McDonald's China stake, sources say

Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm's controlling stake in McDonald Corp's operations in mainland China and Hong Kong, two sources with knowledge of the matter said. A continuation fund is a new vehicle created by a private equity (PE) firm to transfer holdings of existing investments. Sovereign wealth fund Qatar Investment Authority (QIA) has committed the biggest amount to become the anchor investor in Trustar's continuation fund, said the sources, who declined to be named as the information is confidential.

Reuters 4 months ago

MCD

CTPCY
CITIC to sell stake in McDonald's China, HK operations for $430.3 million

It will sell the stake in Fast Food Holdings to a unit of Chinese private equity firm Trustar Capital Partners, CITIC said in a statement. Fast Food Holdings owns 52% of the holding company managing McDonald's businesses in mainland China and Hong Kong.

Reuters 5 months ago

CTPCY

MCD

Performance Overview

Return	CPF0.F	HANG SENG INDEX (^HSI)
YTD	-12.29%	+4.42%
1-Year	+27.25%	+22.53%
3-Year	+28.48%	-1.24%

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CITIC Limited (CPF0.F)

China’s Steel Industry Plans Compensation for Shutting Old Mills

China's Trustar raises $1 billion for vehicle that holds McDonald's China stake, sources say

CITIC to sell stake in McDonald's China, HK operations for $430.3 million

Performance Overview