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New China CITIC Bank Offer Supports Wealth Creation Initiatives

Vanessa Doctor Asia Correspondent 12 July 2013

New China CITIC Bank Offer Supports Wealth Creation Initiatives

China CITIC Bank has rolled out a new securities trading offer that seeks to give clients a greater advantage in wealth creation.

The bank is giving three-month brokerage commission waivers to customers who open a Hong Kong Securities Trading Account on or before 30 September 2013. Eligible customers who conduct transactions via the banks' services may enjoy free "buy and sell trades," after which they may receive a commission rate of as low as 0.125 per cent in addition to other fee waivers.

"An automated securities trading service platform can help customers ride on the investment opportunities in the rapidly changing stock market. The offers allow clients to save their investment cost and build up their wealth creation advantage," said Felix Lau, executive general manager of wealth management and consumer finance.

China CITIC Bank International is a wholly-owned subsidiary of CITIC Internationl, which in turn is owned by China CITIC Bank Corporationa and Banco Bilbao Vizcaya Argentaria. It has an extensive network in the Greater China region, as well as offices in Singapore and the US.

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