Forget white knights. Now China is introducing fairy godmothers. With one wave of Citic Group’s wand, the mainland state-owned conglomerate is turning its ailing mining, property and telecoms offshoot, Citic Pacific, into a big, heavily financial group by injecting $37bn of assets. Granted, fairy godmothers do not normally shrink free floats to fund deals, but like Citic Group, they can show amazing timing.
忘了白衣騎士吧?，F在中國正引入神仙教母。中信集團(Citic Group)揮一揮魔杖，向這家內地國有企業集團旗下境況不佳的礦業、房地產和電信支脈——中信泰富(Citic Pacific)注入370億美元資產，使其變成一家金融業比重很大的大型集團。沒錯，神仙教母通常不會通過縮減自由流通股總量來資助交易，但她們像中信集團一樣，時機把握得出奇好。
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