| China Cinda | |
| Native Name: | 中国信达资产管理股份有限公司 |
| Type: | State-owned enterprise |
| Industry: | Financial services |
| Founders: | --> |
| Former Name: | China Cinda Asset Management Corporation |
| Hq Location: | No. 1 Building, 9 Naoshikou Street, Xicheng District |
| Hq Location City: | Beijing |
| Hq Location Country: | China |
| Area Served: | China |
| Revenue Year: | 2015 |
| Income Year: | 2015 |
| Net Income Year: | 2015 |
| Assets Year: | 2015 |
| Equity Year: | 2015 |
| Parent: | Ministry of Finance of China |
| Subsid: | Cinda Securities |
| Footnotes: | in a consolidated basis[1] |
| China Cinda Asset Management Co., Ltd. | |
| S: | 中国信达资产管理股份有限公司 |
| T: | 中國信達資產管理股份有限公司 |
| P: | Zhōngguó xìndá zīchǎn guǎnlǐ gǔfèn yǒuxiàn gōngsī |
| Also Known As: | China Cinda |
| S2: | 中国信达 |
| T2: | 中國信達 |
| P2: | Zhōngguó xìndá |
| Order: | st |
China Cinda Asset Management Co., Ltd. known as China Cinda or just Cinda is a Chinese merchant bank and asset management company. The corporation was founded as a state-owned enterprise and a bad bank for China Construction Bank in 1999. The bank received shares by debt-to-equity swap on non-performing loans. In 2010, the corporation became a "company limited by shares".[2]
In 2013, part of the shares were started to float on Hong Kong Stock Exchange. In 2015 Cinda acquired Nanyang Commercial Bank from fellow state-controlled financial conglomerate Bank of China (Hong Kong).[3] [4]
In January 2024, it was announced that Cinda would be merged with China Orient Asset Management and China Great Wall Asset Management to create China Investment Corp (CIC).[5]