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Citic Group logo

Citic Group

Public
citic.com
Financial Services700+ employeesFounded 1979🇭🇰 Hong Kong

CITIC Group (formerly China International Trust and Investment Corporation) CITIC Group, with the initiation and approval by Deng Xiaoping, chief architect of China's reform and opening - up, was established on Oct. 4, 1979 by Rong Yiren, former Vice President of PRC. CITIC is a window on China's opening to the outside world. Since its inception, CITIC has always adhered to the principle of innovation. In line with government laws, regulations and policies, CITIC has attracted and utilized foreign capital, introduced advanced technologies, and adopted advanced and scientific international practice in operation and management. In the light of the law of economy, CITIC has made explorations in many business fields with remarkable success and has achieved good economic results. By doing so, CITIC has made significant contributions to the country's reform and opening up drive and established good reputation both domestically and abroad. CITIC has grown into a large transnational conglomerate. It now owns 44 subsidiaries ( banks ) including those in Hong Kong, the United States, Canada, Australia, New Zealand. The company has also set up representative office in Tokyo, New York and Kazakhstan. CITIC's core business ranges from financial industry, industrial investment to service industries. By the end of 2008,CITIC's total assets stood at RMB 1631.6 billion with an after-tax profit of RMB 14.2 billion.

Founded
1979
Employees
700+
Industry
Financial Services
Company type
Public Company
Stock
sehk: 0267
Headquarters
🇭🇰Tim Mei Avenue Central, 32nd Floor, Citic Tower, Hong Kong, Other, Hk (+2)
Specialties
Real EstateFinancial ServicesManufacturing
6 / 6
Active markets
China · Japan · South Korea
5
New markets
Myanmar (Burma) · Singapore +3
Low
Confidence
mostly early signals
+100%
Momentum
vs prior period
9 / 100
Expansion Score
Early
Stages6Exploring
6 signals · Last 90 days

Global expansion

Live
ChinaJapanSouth Korea
Stages
ExploringInvestingLandingOperating
+3more marketsLocked
3 of 6 shown

Unlock the market timeline & signal feed

Activity pulse

6 signals in the last 90 days.

Last 90 days
Hiring
0
No activity
Marketing & PR
0
No activity
Product & Tech
6↑ +100%
Product launch
+2more categoriesLocked
3 of 5 shown

Market entry timeline

The order this company entered each market — oldest to newest

1
🇨🇳China1st market entered · 2019Advancing
Exploring
15 signalsExploring stage
2
🇯🇵Japan2nd market entered · 2026Advancing
Exploring
1 signalExploring stage
3
🇰🇷South Korea3rd market entered · 2026Advancing
Exploring
1 signalExploring stage
+3more marketsLocked
3 of 6 shown
Current stageExploringTesting the waters
Confidence37%Low
Tracking since2019first signal

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Frequently Asked Questions Regarding Citic Group

Quick answers about Citic Group's business, markets, and growth signals.

CITIC Group (formerly China International Trust and Investment Corporation) CITIC Group, with the initiation and approval by Deng Xiaoping, chief architect of China's reform and opening - up, was established on Oct. 4, 1979 by Rong Yiren, former Vice President of PRC. CITIC is a window on China's opening to the outside world. Since its inception, CITIC has always adhered to the principle of innovation. In line with government laws, regulations and policies, CITIC has attracted and utilized foreign capital, introduced advanced technologies, and adopted advanced and scientific international practice in operation and management. In the light of the law of economy, CITIC has made explorations in many business fields with remarkable success and has achieved good economic results. By doing so, CITIC has made significant contributions to the country's reform and opening up drive and established good reputation both domestically and abroad. CITIC has grown into a large transnational conglomerate. It now owns 44 subsidiaries ( banks ) including those in Hong Kong, the United States, Canada, Australia, New Zealand. The company has also set up representative office in Tokyo, New York and Kazakhstan. CITIC's core business ranges from financial industry, industrial investment to service industries. By the end of 2008,CITIC's total assets stood at RMB 1631.6 billion with an after-tax profit of RMB 14.2 billion.

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