China Huarong Asset Management Co., Ltd. (2799.HK)

HKD 0.63

(-1.56%)

Market Cap (In HKD)

50.55 Billion

Revenue (In HKD)

10.74 Billion

Net Income (In HKD)

1.76 Billion

Avg. Volume

13.21 Million

Currency
HKD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
0.27-0.95
PE
-
EPS
-
Beta Value
0.834
ISIN
CNE100002367
CUSIP
Y149A8109
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Asset Management
CEO
Mr. Zhengjun Liu
Employee Count
-
Website
https://www.chamc.com.cn
Ipo Date
2015-10-30
Details
China Huarong Asset Management Co., Ltd., together with its subsidiaries, provides various financial asset management services. It operates through three segments: Distressed Asset Management Operations, Financial Services Operations, and Asset Management and Investment Operations. The company manages, invests in, and disposes debt-to-equity swap assets; accepts deposits from customers; and offers loans to corporates and individuals. It also provides bankruptcy management, investment, securities dealing assets and project evaluation, clearing and settlement, financial leasing, securities and futures, fund and asset management, trust, real estate and industrial investment, investment banking, and other services; financial bonds issuance, inter-bank borrowing and lending, and commercial financing services for other financial institutions; and investment, legal, and risk management services, as well as consulting and advisory business services on finance. In addition, the company is also involved in asset securitization, financial institutions custody, and closing and liquidation of businesses. It operates 33 branches in 30 provinces, autonomous regions, and municipalities in Mainland China, and Hong Kong and Macau. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.