Yuen Kee Tong presents at CITIC board meeting as deputy managing director

Transforming from PCCW (0008) to CITIC Pacific (0267), Yuen Kee Tong presented at the board meeting of CITIC Pacific as deputy managing director for the first time. Mr Yuen is mainly responsible for the business development of CITIC Pacific.

Mr Yuen said it depended on situation to decide which company to invest capital while developing the mainland business in the future. As long as the mainland laws permitted foreign funds entering, CITIC Pacific would develop first of all. Otherwise, the company would take part through its A share company in Shenzhen or through other channels.

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