Company Profile
China CITIC Financial Asset Management is a financial asset management company in Mainland China and Hong Kong. Its business is organized into Distressed Asset Management; and Asset Management and Investment segments.
The company engages in the acquisition of, management, investment, and disposal services through entrustment of both financial and non-financial institution distressed assets including debt-to-equity swap assets.
Its portfolio also includes investment, securities dealing, and financial bond issuance interbank borrowing and lending, and commercial financing for other financial institutions.
Its portfolio also includes bankruptcy management, consulting and advisory business for finance, investment, legal, and risk management, and asset and project evaluation services.
Additionally, it is involved in approved asset securitization business, financial institution custody, closing, and liquidation of business; and businesses the relief and revitalization business, equity business, and assets acquisition-and-restructuring business.
Founded in 1999 and headquartered in Beijing, the People's Republic of China, China CITIC Financial Asset Management was formerly known as China Huarong Asset Management Co., Ltd. before rebranding in January 2024.