Asset management companies in China came into being in 1998. The founding of commercial

Asset management companies Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

(AMC; ) established by the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...

tasked with professionally managing third-party assets was a major landmark in the development of China's financial system. It marks a transition in Chinese regulation away from an unregulated environment toward a system where specialist companies started to operate according to a defined set of standards and regulations. The Chinese government created 10 AMCs in China. 4 as bad banks, one for each of the four commercial state-owned banks. and 6 Fund management companies. As of 2018 there are over 130 asset management companies in china, with a combined 2 billion USD in assets under management. The original asset management companies include: *

China Great Wall Asset Management China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

- for the

Agricultural Bank of China Agricultural Bank of China (ABC), also known as AgBank, is one of the " Big Four" banks in China. It was founded on 10 July 1951, and has its headquarters in Dongcheng District, Beijing. It has branches throughout mainland China, Hong Kong, ...

* China Orient Asset Management - for the

Bank of China The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, repl ...

* China Huarong Asset Management - for the Industrial and Commercial Bank of China * China Cinda Asset Management - for the

China Construction Bank China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic branc ...

Bosera Asset Management Bosera Asset Management Co., Limited. () is a Chinese asset manager. As of 2020, Bosera is the eighth largest asset manager and third largest Fund Management Company by AUM in Mainland China after China Asset Management and E Fund Management. Bos ...

- Fund management company *

China Asset Management China Asset Management Co., Ltd. (ChinaAMC; ) is one of China's biggest fund families. The company offers investment managers of National Social Security Fund, corporate annuities, Listed Open-end Fund (LOF), Qualified Domestic Institutional ...

- Fund management company Other private equity firm and trustee companies also existed in China, such as: *

CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping ...

and its subsidiary

CITIC Trust CITIC Trust Co., Ltd. is a Chinese investment management company, with license to create private equity fund (as trust). The company was a subsidiary of CITIC Group. However, after a reverse takeover, CITIC Limited () became the parent company for ...

, formerly China International Trust Investment Corporation * Ping An Trust of Ping An Group

References

External links

The opportunity in asset management in China
Lists of companies of China Asset management {{China-company-stub

See also

References

External links