China Huarong Asset Management (2799) Stock Overview

China Huarong Asset Management Co., Ltd., together with its subsidiaries, provides various financial asset management services in Mainland China, and Hong Kong and Macau. It operates through three segments: Distressed Asset Management, Financial Services, and Asset Management and Investment. The company manages, invests in, and disposes debt-to-equity swap assets. It also provides bankruptcy management, investment, securities dealing assets and project evaluation, clearing and settlement, financial leasing, securities and futures, fund and asset management, trust, real estate and industrial investment, and other services; financial bonds issuance, inter-bank borrowing and lending, and commercial financing services for other financial institutions; and investment, legal, and risk management services, as well as consulting and advisory business services on finance. In addition, the company is also involved in asset securitization, financial institutions custody, and closing and liquidation of businesses. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.