Citic International Financial Holdings Ltd. was suspended from Hong Kong trading, awaiting an announcement from its parent, Bloomberg News reports.

Trading was halted because of a ``price sensitive'' announcement on the Citic Group offer, the Hong Kong unit said in a statement to the stock exchange today.

Citic International's stock rose 1.2% to HK$6.07 yesterday, compared with the HK$6.90 a share offer from Citic Group to buy out other Citic International investors. The shares have gained 25% this year, beating the local benchmark Hang Seng Index's 24% decline.

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