China Citic Bank Corp Ltd
601998
Company Profile
Business description
China Citic Bank, headquartered in Beijing, ranks as China's ninth-largest commercial lender. The bank operates a nationwide network of 1,459 branches across 153 cities, supplemented by offshore presence in Hong Kong, Macao, New York, Los Angeles, and Singapore as of mid-2024. Founded in 1987, it serves as a core subsidiary of Citic Group, a premier state-owned conglomerate.
Contact
10 Guanghua Road
6-30th Floor and 32-42th Floor, Building No. 1
Chaoyang District
Beijing100020
CHNT: +86 1066638188
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 December 2026
Employees
67,674
Stocks News & Analysis
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Lower production and higher prices for ASX hydrocarbon play
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We lift our fair value estimate for this ASX energy play
Strong oil and LNG prices are a major win, though we don’t think they will stay high in the long term.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,887.60 | 17.10 | 0.19% |
| CAC 40 | 8,114.84 | 42.71 | 0.53% |
| DAX 40 | 24,272.32 | 317.76 | 1.33% |
| Dow JONES (US) | 49,558.34 | 696.53 | 1.43% |
| FTSE 100 | 10,378.82 | 165.71 | 1.62% |
| HKSE | 25,776.53 | 335.31 | -1.28% |
| NASDAQ | 24,714.35 | 41.11 | 0.17% |
| Nikkei 225 | 59,284.92 | 632.54 | -1.06% |
| NZX 50 Index | 12,903.31 | 133.01 | 1.04% |
| S&P 500 | 7,170.50 | 34.55 | 0.48% |
| S&P/ASX 200 | 8,665.80 | 25.60 | 0.30% |
| SSE Composite Index | 4,112.16 | 4.65 | 0.11% |