Citic to list overseas?

China''s banking reform will increase the need for new capital and new partnerships.

China International Trust Investment Corp Citic, the mainland's flagship investment firm, could be the first Chinese financial group to list its shares overseas. The move comes amid greater calls among bankers to expand the capital structure of financial services groups to include foreign partners.

The Chinese authorities may use Citic as a test case to see how the market responds to capital demands from ChinaÆs financial institutions,ö says John Hobson, banking research head for Credit Suisse First Boston CSFB. ôPart of Citic's appeal is that is that it doesnÆt have the same large exposure to ChinaÆs state-owned enterprises SOEs that ChinaÆs four big banks do.ö

Citic plans to merge its...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222