Guan
Tao, head of the balance of payments department at the State
Administration of Foreign Exchange, attended State Council Information
Office press conference this morning and said that in view of the
monitoring indicators, it is not obvious for outflow trend of foreign
capital from China's real estate market. On the contrary, foreign
capital inflows in the first three quarters of the real estate industry
registered the highest level when compared to the corresponding period
in the past five years
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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