What a difference two years and a US credit squeeze makes. Once, stock brokers were seen as the untouchables of China's financial sector. Fast forward to today and the news that Citic Securities is to invest $1bn for a 6% stake in Bear Stearns, the US... ...full story at Engaging China
from Engaging China on Wed, Oct 24 2007
see also:
| 02 Jun 07 |
  |
Eagle Investment Group Partners With Bear Stearns To... »
YouTube video Eagle Investment Group Partners With Bear Stearns To Launch Private Equity Strategic Alliance in China
USD$500 Million Investment Will Focus on Retail
and Soft Lines
The Bear Stearns Companies Inc. ("Bear Stearns"), a leading financial services firm,... |
| 19 Mar 08 |
 |
CITIC confirms it drops Bear Stearns deal » People's Daily CITIC Securities, one of China's largest brokerages, formally confirmed on Wednesday that it had terminated a deal to invest in Bear Stearns, the U.S. bank that was acquired by J.P. Morgan Chase & Co. over the weekend. CITI ... |
| 18 Mar 08 |
|
CITIC Securities reported to cancel Bear Stearns deal » People's Daily China's CITIC Securities Co. is to cancel a deal to buy into Bear Stearns after news that the fifth largest investment bank in the United States is to be bought out by JPMorgan Chase & Co.in a bid to save the troubled lender. "We wi ... |
| 17 Mar 08 |
|
Citic Securities can't guarantee final deal on Bear Stearns » People's Daily China's Citic Securities Co. could not guarantee that it will sign a final agreement to buy shares of the U.S. bank Bear Stearns, the company said on Monday. "We did not pay any money to Bear Stearns Cos. and the company is not like ... |
| 18 Mar 08 |
|
CITIC cancels Bear deal » People's Daily CITIC Securities Co canceled a proposed $1 billion investment in Bear Stearns Cos after the Wall Street brokerage was bought by JPMorgan Chase & Co, said the chairman of CITIC's parent company. CITIC Securities, China's largest securitie ... |
| 14 Feb 08 |
|
China's CITIC, Bear Sterns plan to increase stake in each other » People's Daily U.S. investment bank Bear Sterns and CITIC Securities, China's largest securities firm, are to revise a share swap agreement, increasing the stake in each other, according to sources close to the deal. Ongoing talks are now focused ... |
blogs
china
thailand
japan
technology