Citic's buy-back bid underlines diminished industry profits

Citic Securities has moved to buy back a 10% stake in China AMC for exactly the price it sold it for in 2011, pointing to the challenges the nation's asset management industry faces.


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How will you alter your portfolio after the US election result?





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Underweight US
  18%
 
Overweight US
  34%
 
Underweight EMs
  7%
 
Raise cash levels
  27%
 
No change
  13%
TOTAL VOTES: 67
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November 2016 Magazine
AsianInvestor Magazine