CITIC Securities transfer CITIC Investment stake

Citic Securities (600030) in Tuesday, the transfer of CITIC Securities holdings of 45% and 8% equity, corresponding to the listing price of 7.29 billion yuan and 1.296 billion yuan respectively. At the same time, the intention of the 45% equity shareholders 2009 audited net assets shall not be less than 250 billion yuan.　　The closing date for the listing is July 26, 2010. Beijing Sasac or the "250 billion yuan net assets" This condition is very interesting, that is, private enterprises and securities companies are unlikely. Before the market has passed the Beijing state-funded committee to take, now see the possibility is relatively large.　　Liu, an analyst with the Yangtze Securities and securities industry, said. There have been media reports of Citic's proposal for a possible transfer: CITIC Securities may transfer 60% of Citic's stake in 45% to Beijing state-owned Capital Management Center, in addition to Citic Group is another transferee.　　After the transfer is completed, the Beijing state capital Operation Center becomes the controlling shareholder of CITIC Investment. According to the information can be found, as at the end of September 2009, the Beijing State Management Center consolidated statement Total assets of 630 billion yuan, net assets of 230 billion yuan.