Citic to list overseas?
China''s banking reform will increase the need for new capital and new partnerships.
China International Trust & Investment Corp (Citic), the mainland's flagship investment firm, could be the first Chinese financial group to list its shares overseas. The move comes amid greater calls among bankers to expand the capital structure of financial services groups to include foreign partners.
"The Chinese authorities may use Citic as a test case to see how the market responds to capital demands from ChinaÆs financial institutions,ö says John Hobson, banking research head…
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