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Quote | China Cinda Asset Management Co Ltd (OTCMKTS:CCGDF)
Last: | $0.09 |
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Change Percent: | 0.0% |
Open: | $0.09 |
Close: | $0.09 |
High: | $0.09 |
Low: | $0.09 |
Volume: | 7,862 |
Last Trade Date Time: | 01/09/2024 03:00:00 am |
News | China Cinda Asset Management Co Ltd (OTCMKTS:CCGDF)
China’s asset management companies ( AMCS ) were created in 1999 in order to remove non-performing loans from banks’ balance sheets and combat a potential financial crisis due to mounting bad loans. The national-level AMCs include Cinda, Huarong, Great Wall, and China Orie...
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China has unveiled plans to unite three of its state-owned bad debt asset managers with its primary sovereign wealth fund, the China Investment ...