CITIC Group

Headlines

Cathay Pacific Shares Rise After Management Shakeup

Shares in Hong Kong carrier Cathay Pacific were up Thursday, a day after the airline announced a management shakeup on...

International

Chinese Firm Files Complaints With Chinese Government Over McDonald’s China Sale

A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at...

International

McDonald’s Sells Most of China, HK Business To CITIC, Carlyle For $2.1 Billion

McDonald's Corp (MCD. N) has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate...