CITIC raises Stake in Macarthur Coal

    CITIC Resources Holdings, a unit of the national conglomerate – the CITIC Group, has upped its stake in Australia-listed Macarthur Coal Macarthur, by A $112.9 million (HK $754.79 million) to increase its non-oil holdings.     Earlier, CITIC Resources chairman, Peter Kwok Viem, announced a possible separate listing for its non-oil assets, after...