Hints and tips:
...“We wanted to leverage our brand and boost our returns,” says Yichen Zhang, Citic Capital’s chairman and chief executive. “We are open to everything, consistent with our themes.”...
...Zhang Yichen, head of Citic Capital and a big investor in the chain of McDonald’s restaurants on the mainland and in Hong Kong, said consumers were “still OK....
...Before the sale, the US parent did not have much time for China, which accounted for a mere 5 per cent of sales, in contrast to Yum, where the comparable figure was about 40 per cent, argued Yichen Zhang...
...Yichen Zhang, head of Citic Capital, said: “We are more focused . . . China is all we do.”...
...Yichen Zhang, head of private equity fund Citic Capital, believes that the figure could drop further this year....
...Eight-five per cent of shareholders present voted in favour of keeping incumbent board member Yichen Zhang, according to a Sina spokesperson....
...It had also sought to eject Yichen Zhang, head of Citic Capital and the only board director up for re-election. Mr Zhang was re-elected to the board with the support of 85 per cent of those voting....
...Zhang Yichen, head of one of China’s largest investment groups, was quoted by Bloomberg as saying that “it’s a lie” to claim, as many government officials had done, that capital controls had not had any...
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