China’s Giant Techs Wins Again.

Written By Yovani Santana

On December 29, 2025, China Information Technology Development Limited (CITD) announced the sale of its wholly-owned subsidiary, Rosy Depot Limited, to Ms. Xian Jiajia for HK$4 million. Rosy Depot’s primary asset is an 8.74% stake in Global Engine Group Holdings Limited, an investment the company chose to divest due to volatile market conditions and low trading liquidity. By offloading this non-core asset, CITD aims to strengthen its immediate cash flow and focus resources on its primary business operations in AI marketing and big data analytics.

©YovaniBernard

Yovani Santana https://yovanisantana.com
Previous

China Probes Food Delivery Monopolies.
Next

China’s Tech Rise is Unstoppable.