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China CITIC Bank Receives Approval for Establishing CITIC Financial Asset Investment Co., Ltd.
6 day ago /
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Author：小编
China CITIC Bank has announced the receipt of approval from the State Administration of Financial Supervision and Regulation to proceed with the establishment of CITIC Financial Asset Investment Co., Ltd. This new venture will have a registered capital of RMB 10 billion, fully funded and held by China CITIC Bank. This strategic move aligns with the national development strategy of "technology finance," aiming to propel forward related financial initiatives, support market-oriented debt-to-equity swaps and equity investment activities, and foster the growth of scientific and technological innovation enterprises, as well as the private economy.
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