China CITIC Financial Asset Management
Headquarters in Beijing | |
Native name | 中国中信金融资产管理股份有限公司 |
|---|---|
| Formerly | China Huarong Asset Management Co., Ltd. |
| Company type | Public |
| SEHK: 2799 | |
| ISIN | CNE100002367 |
| Industry | Financial services |
| Founded | 11 November 1999 |
| Headquarters | , China |
Area served | China (Mainland and Hong Kong) |
Key people | Liu Zhengjun (Chairman) Li Zimin (President) |
| Revenue | CN¥75.8 billion (2023) |
| CN¥212.07 million (2023) | |
| Total assets | CN¥968.10 billion (2023) |
| Total equity | CN¥48.04 billion (2023) |
| Owner |
|
Number of employees | 5,800 (2023) |
| Parent | CITIC Group |
| Website | www |
| Footnotes / references in a consolidated basis | |
| China Huarong Asset Management Co., Ltd. | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 中国华融资产管理股份有限公司 | ||||||
| Traditional Chinese | 中國華融資產管理股份有限公司 | ||||||
| |||||||
China CITIC Financial Asset Management (previously known as China Huarong) is a majority state-owned financial asset management company in China, with a focus on distressed debt management. It was one of the four asset management companies that the Government of China established in 1999 in response to the 1997 Asian financial crisis.