0CI:FRA
China Cinda Asset Management Co Ltd
€0.11
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-1.82%(-0.0020) 1D
Jun 5, 9:55:02 AM GMT+2 · EUR
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Open
€0.11
High
€0.11
Low
€0.11
Mkt. cap
104.82B
Avg. vol.
2.00
Volume
0.00
52-wk high
€0.18
52-wk low
€0.11
No. of employees
12K
Open
€0.11
High
€0.11
Low
€0.11
Mkt. cap
104.82B
Avg. vol.
2.00
Volume
0.00
52-wk high
€0.18
52-wk low
€0.11
No. of employees
12K
News stories
From sources across the web
AASTOCKS.com
·
6 hours ago
Bullish block trade of CHINA CINDA(01359) 1.8M shares at $1.04, $1.872M turnover
AASTOCKS.com
·
1 day ago
Bearish block trade of CHINA CINDA(01359) 2.1M shares at $1.04, $2.184M turnover
Profile
China Cinda Asset Management Co., Ltd., doing business as Cinda or China Cinda, is a Chinese distressed asset management company headquartered in Beijing.
The corporation was founded as a state-owned enterprise and a bad bank for China Construction Bank in 1999. The bank was created by a debt-to-equity swap in which non-performing loans were converted into shares. In 2010, the corporation became a company limited by shares.
In 2013, some of the shares in Cinda were floated on the Hong Kong Stock Exchange. In 2015 Cinda acquired the Nanyang Commercial Bank from fellow state-controlled financial conglomerate the Bank of China.
In February 2024, Cinda, along with China Orient Asset Management and China Great Wall Asset Management, was transferred from the Ministry of Finance to Central Huijin Investment. Wikipedia
About China Cinda Asset Management Co Ltd
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