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Exclusive-China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources

HONG KONG : China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial sector, people with knowledge of the matter said.In an unusually broad move for an industry wh
Hong Kong Morgan Stanley Goldman Sachs

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McDonald's China Owners Seek Fresh Funds To Support Golden Arches Expansion - Carlyle Group (NASDAQ:CG), Yum China Holdings (NYSE:YUMC)

Key Takeaways: Carlyle and Citic may be looking to sell down their stake in a venture that operates most McDonald’s stores in China The move may be partly driven by investors looking to cash out their stakes in Carlyle and Citic-backed funds that financed the original investment in 2017 By Chen Ruzhen
Hong Kong New York United States Chen Ruzhen Steve Easterbrook Yum China

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