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An announcement from CITIC ( (HK:0267) ) is now available.
China CITIC Bank Corporation Limited announced its annual results for the year ending December 31, 2024, highlighting a significant profit distribution plan. The bank plans to distribute a total of RMB19.455 billion in cash dividends for the year, reflecting its strong financial performance. This announcement underscores the bank’s commitment to delivering value to its shareholders and maintaining a stable dividend policy.
More about CITIC
CITIC Limited is a major conglomerate in China with a diverse range of businesses, including financial services, resources and energy, manufacturing, engineering contracting, and real estate. China CITIC Bank Corporation Limited, a principal subsidiary of CITIC Limited, operates primarily in the banking sector, offering a wide range of financial services.
YTD Price Performance: 19.37%
Average Trading Volume: 987
Technical Sentiment Signal: Strong Sell
Current Market Cap: $36B
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