In August, the above-scale industrial added value grew only 6.9% in August, hitting a fresh low since 2009. An official from the Ministry of Industry and Information Technology (MIIT) said in an interview with DZH News that such figure was out of his expectation, and he stressed that the country must boost the effective demand in the next four months, otherwise, the industrial growth will deviate from the reasonable range.
CITIC Annual Net Profit Up 1.8% to $43.902B; Final Div $0.25 CITIC (00267.HK) -0.160 (-1.447%) Short selling $8.89M; Ratio 25.055% announced that for the year ended December 2017, net profit rose 1.8% yearly to $43.902 billion, with an EPS of $1.51. A final dividend of $0.25 was declared. Profit contribution from financial sector of the company amounted to $39.5 billion, up 3% yearly. CITIC Construction continued to make inroads securing projects, both domestically and internationally, particularly along the Belt and Road corridor.
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