PROFILE |
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CITIC Pacific is a red chip off the old Communist bloc. A subsidiary of China's state-owned China International Trust & Investment (CITIC), CITIC Pacific invests in infrastructure (aviation, civil engineering projects, power generation, telecommunications), property (including a portion of Lantau Island, the proposed site of Disney's Hong Kong theme park), and trading and distribution firms. The company focuses its investments in China and Hong Kong. Subsidiary Dah Chong Hong has stakes in auto dealerships, food product distributors, and manufacturers of electrical appliances and cosmetics. CITIC was formed in the 1980s when the government began condoning capitalistic investments.
COMPETITION |
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Cheung Kong (Holdings) Limited (CHEUY)
Guangdong Investment Limited (270)
Shanghai Industrial Holdings Limited (363)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 2,052.20
1-Yr. Sales Growth: (39.7)%
Employees: 11,354
Revenue per employee: $180,746.87
KEY PEOPLE |
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Henry H. L. Fan
CEO
Vernon F. Moore
CFO
CONTACT INFO |
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32nd Fl., CITIC Tower, 1 Tim Mei Ave., Central
, Hong Kong
Phone: 852-2820-2111
Fax: 852-2877-2771
Online: Web Site
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