Business Description
Founded in 1999 and based in Beijing, China CITIC Financial Asset Management Co. Ltd. is a state-backed financial company operating across Mainland China and Hong Kong. The company specializes in buying, managing, and selling troubled assets from both banks and other institutions, while also offering investment, securities, and debt restructuring services. It supports other financial institutions through lending, custody, and liquidation services, and provides consulting across finance, law, and risk management. Formerly known as China Huarong Asset Management, the company adopted its current name in January 2024.
