CITIC International Financial Holdings Limited

Formerly known as	Until
CITIC Ka Wah Bank Limited	25-Nov-02
Ka Wah Bank Limited (The)	30-Jul-98
Ka Wah Savings Bank, Limited	8-Jan-49

What did you expect?
By popular demand, we comment on the sale by HKCB Bank Holdings of Hongkong Chinese Bank to CITIC Ka Wah Bank, and the accompanying increase in the holding of Lippo China Resources in HKCBH, which many investors were surprised did not trigger a general offer. We also take a look at the chequered past of the two banks, which were surely made for each other, and what we know about an ICAC investigation involving a former Alternate CEO of CKW. (4-Nov-01)

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