What does CITIC Group do?

Written by Editorial Team | Last Updated: August 2026

CITIC Group Corporation is a premier state-owned Chinese multinational conglomerate holding enterprise that manages a vast and diversified portfolio of domestic and international businesses. Originally established as a pioneering financial and industrial investment vehicle, CITIC Group operates across five major strategic segments: integrated financial services, advanced intelligent manufacturing, advanced materials, new consumption, and new-type urbanization. Its activities encompass commercial banking, heavy machinery, specialized mining, infrastructure construction, and global trade.

Related FAQs

CITIC Limited is a major Hong Kong-listed investment holding enterprise and core subsidiary of CITIC Group, functioning as one of China's largest diversified corporate conglomerates.

CITIC Limited is publicly listed on the Stock Exchange of Hong Kong, where its shares trade under a specific stock code and are accessible to institutional and retail investors worldwide.

"Citic" in China refers to the Citic Group Corporation Ltd., a massive state-owned conglomerate founded in 1979 by Rong Yiren with the approval of Deng Xiaoping.

CITIC Limited and its ultimate parent state-owned conglomerate CITIC Group maintain an immense corporate net worth and market capitalization valued at over ₹4.3 trillion (exceeding $50 billion USD).

China CITIC Bank Corporation Limited trades under multiple primary exchange listings, utilizing the stock code 0998 on the Stock Exchange of Hong Kong and 601998 on the Shanghai Stock Exchange.

Yes, the China International Capital Corporation, commonly known as CICC, is a prominent Chinese investment management and financial services company.

Hongkong Chinese Limited trades on the Stock Exchange of Hong Kong under the stock code 0655.

CITIC Telecom International Holdings Limited is a major telecommunications provider that offers a comprehensive range of services across the Asia-Pacific region, including mobile communication solutions, internet access, international voice services,...

The primary head office SWIFT/BIC code for China CITIC Bank International Limited in Hong Kong is CNCIBKHHXXX (frequently cited in its 8-character form as CNCIBKHH).

CITIC Securities Company Limited, one of the largest and most influential investment banking and securities firms in China, is headquartered in Shenzhen, Guangdong Province, China.

CITIC Limited generates massive consolidated annual revenues exceeding ₹12.2 trillion (translating to hundreds of billions of Hong Kong dollars), establishing its position as one of China's largest and most diversified multinational conglomerates.

Oman operates major liquefied natural gas production infrastructure centered primarily at the Qalhat coastal complex near Sur, managed predominantly by Oman LNG.