China Huarong Asset Mgmt Co

China CITIC Financial Asset Management Co., Ltd. is a financial asset management company operating in Mainland China and Hong Kong through its subsidiaries. It operates in two segments: Distressed Asset Management, and Asset Management and Investment. The company provides services including acquisition, management, investment, and disposal of distressed assets from financial and non-financial institutions, debt-to-equity swaps, securities dealing, financial bond issuance, interbank borrowing and lending, bankruptcy management, consulting and advisory, asset and project evaluation, asset securitization, financial institution custody, and liquidation services. It also engages in relief and revitalization, equity business, and asset acquisition-and-restructuring. Formerly known as China Huarong Asset Management Co., Ltd., it changed its name to China CITIC Financial Asset Management Co., Ltd. in January 2024. Founded in 1999, it is headquartered in Beijing, the People's Republic of China.