2020.01.22 21:01 GMT+8

CITIC Capital eyes growth in its shareholding in McDonald's China

Updated 2020.01.22 21:01 GMT+8
CGTN

CITIC Capital plans to increase its shareholding in McDonald's China Co., visioning its growth potential in the Chinese market, said the company CEO. 

According to Zhang Yichen, chairman and chief executive officer at CITIC Capital, the company's intention to increase shareholding in McDonald's by buying stakes from CITIC Ltd. fundamentally stems from its business strategy for the long run.

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