Perhaps naming companies is a skill that improves over time. The lack of a catchy or even descriptive name is not the only reason that Citic’s $48bn revamp in Hong Kong has gone almost unremarked this week. Although the name will not have helped, Citic’s real significance lies in its position in the vanguard of China’s reforms. Its arrival, together with progress on the equally memorable Hong Kong-Shanghai Stock Connect, are proof that change is coming.
国企中信集团的本名是manbetx3.0 国际信托投资公司(China International Trust and Investment Corporation),该公司实际上是在香港借壳上市。向其市值仅有60亿美元的香港子公司注入370亿美元资产之后,这家业务庞杂的典型国企已变成了一家从表面看通过该上市实体运营的市值480亿美元的公司,业务范围横跨金融到足球队的多个领域。在进展缓慢的国企改革进程中,中信集团一马当先。