China Cinda Asset Management Co., Ltd. known as China Cinda or just Cinda is a Chinese merchant bank and asset management company. The corporation was founded as a state-owned enterprise and a bad bank for China Construction Bank in 1999. The bank received shares by debt-to-equity swap on non-performing loans. In 2010, the corporation became a "company limited by shares".[2]
In 2013, part of the shares were started to float on Hong Kong Stock Exchange. In 2015 Cinda acquired Nanyang Commercial Bank from fellow state-controlled financial conglomerate Bank of China (Hong Kong).[3][4]
In January 2024, it was announced that Cinda would be merged with China Orient Asset Management and China Great Wall Asset Management to create China Investment Corp (CIC).[5]
^"2015 Annual Report" (PDF). China Cinda. archive of Hong Kong Stock Exchange. 28 April 2016. Retrieved 13 October 2016.
^"中国东方资产管理股份有限公司成立" [The establishment of China Orient Asset Management Co. Ltd.] (in Chinese). chinanews.com. 30 August 2016. Retrieved 13 October 2016.
^"Major Transaction Acquisition of all the Issued Shares of Nanyang Commercial Bank, Limited" (PDF). China Cinda Press Release. 2015-12-18. Retrieved 2019-01-14.
^"China to merge three major asset managers into China Investment Corp -Xinhua". Reuters. 2024-01-29.
and 27 Related for: China Cinda Asset Management information
there was a proposal to merge Great Wall, ChinaCindaAssetManagement and China Orient AssetManagement with China Investment Corporation. However this report...
Great Wall AssetManagement - for the Agricultural Bank of ChinaChina Orient AssetManagement - for the Bank of ChinaChinaCindaAssetManagement - for the...
Commercial Bank (NCB, Chinese: 南洋商業銀行) is a bank based in Hong Kong and a wholly owned subsidiary of ChinaCindaAssetManagement (Cinda), with 42 branches...
owned ChinaCindaAssetManagement, but in 2013 transferred 16.18% stake to SASAC of Shanxi Province without compensation. As at 31 December 2015, China Coal...
Ltd. (Chinese: 中国科健股份有限公司, SZSE: 000035) were distributed to creditor such as China Orient AssetManagement and ChinaCindaAssetManagement in the same...
offerings (IPO) of Alibaba Group, ChinaCindaAssetManagement and Ant Group. In only a decade, the firm became one of China's most successful investors. Boyu...
fund (Chinese: 腾讯信达有限合伙企业; lit. 'Tencent–Cinda Limited Partnership') that was owned by ChinaCindaAssetManagement and a company related to Tencent, a private...
Financing Asset Supermarket, jointly established by CBEX together with China Huarong AssetManagement, China Orient AssetManagement, ChinaCindaAsset Management...
university in Ürümqi, Xinjiang, ChinaChinaCindaAssetManagement (信达; xìndà), an assetmanagement company in Xicheng, Beijing, China This disambiguation page...
created to dispose of non-performing bank loans, China Huarong AssetManagement and ChinaCindaAssetManagement. Nanjing Auto is now a subsidiary of SAIC,...
Coking Coal Group in 2001. In 2005 China Construction Bank, ChinaCindaAssetManagement and China Huarong AssetManagement became minority shareholders by...
to repayment of loans to China Construction Bank (the bad debt was later transferred to ChinaCindaAssetManagement) and China Investment Bank (for US$1...
Cinda Asset Management. Both the China Investment Corporation and ChinaCindaAssetManagement are central state owned enterprises of China. The company...
companies China Huarong AssetManagement, ChinaCindaAssetManagement, China Orient AssetManagement, China Great Wall AssetManagement and China Development...
Hong Kong is an autonomous territory of the People's Republic of China on the Pearl River Delta of East Asia. Hong Kong is one of the world's most significant...
, Ltd. under the new Company Law of China, with ChinaCindaAssetManagement and China Huarong AssetManagement became minority shareholders due to debt-to-equity...
of China due to debt-to-equity swap, which the four state-owned assetmanagement companies or bad banks, Huarong, Cinda, Great Wall and Orient Asset Management...
known also as BNMC is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China. Since 15 February 2017...
and ChinaCindaAssetManagement. The latter acquired the stake by debt-to-equity swap. On 29 January 2015 JAMG bought back 3.61% stake from China Construction...
must: have stable finance, good credibility, meet the minimum asset scale set by China Securities Regulatory Commission (CSRC); the number of staffs meet...
Xishan Coal Electricity Group were China Construction Bank, ChinaCindaAssetManagement and China Orient AssetManagement. They acquired the stake by debt-to-equity...
president of its Beijing Branch in March 2011. He also worked at ChinaCindaAssetManagement. He received a master's degree in public administration from...
Global Information
CN¥78.7 billion (2015)