Startups
China Huarong Asset Management Co., Ltd. (2799.HK), previously known as China Huarong Asset Management Corporation, was founded in 1999. China Huarong provides multi-licensed, multifunctional and comprehensive financial services in areas such as distressed asset management, asset management, banking, securities, trust, financial leasing, investment, futures, and consumer finance.
Overview
Employees
10001+
Founded date
1999
Investors 1
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Mentions in press and media 6
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| Nov 18, 2021 | China's embattled Huarong secures $6.5 billion investment | Huarong intends to issue a maximum of 39.22 billion domestic shares and not more than 1.96 billion shares listed on the Hong Kong exchange to a consortium of investors including Citic Group, China Cinda Asset Management and China Life Insur... |
| Nov 16, 2021 | China Huarong Gets Nod to Raise USD11 Billion in Bond Sale | (Yicai Global) Nov. 16 -- China Huarong Asset Management has won approval to issue bonds worth CNY70 billion (USD11 billion) three months after the troubled bad debt manager announced a state-backed rescue package. The China Banking and Ins... |
| Nov 16, 2021 | Huarong gets approval to raise $11 bln bond in interbank market | BEIJING, Nov 16 (Reuters) - China Huarong Asset Management has been granted approval to raise 70 billion yuan ($11 billion) of financial bonds in the interbank market, as it continues to improve its credit profile and re-focus on its main b... |
| Nov 16, 2021 | Huarong gets approval to raise $11 billion bond in interbank market | The bonds will be used to purchase, dispose non-performing assets and for other main businesses such as bond-to-equity swaps, the China Banking and Insurance Regulatory Commission (CBIRC) said in a statement on its website on Tuesday. The c... |
| Nov 15, 2021 | Huarong gets approval to raise $11 billion bond in interbank market | BEIJING (Reuters) - China Huarong Asset Management has been granted approval to raise 70 billion yuan ($11 billion) of financial bonds in the interbank market, as it continues to improve its credit profile and re-focus on its main bad loan ... |
Reviews 0
FAQ about China Huarong
When was China Huarong founded?
China Huarong was founded in 1999.
What has the press written about China Huarong?
Parsers VC has collected 6 articles mentioning China Huarong, among them “China's embattled Huarong secures $6.5 billion investment” (Nov 18, 2021) and “China Huarong Gets Nod to Raise USD11 Billion in Bond Sale” (Nov 16, 2021).
Is China Huarong still active?
Yes, China Huarong is active; its latest activity on Parsers VC dates from Nov 18, 2021.