* TOP 1 CITIC Fund Management Co.,Ltd
In line with CITIC Group’ s strategy to establish a complete chain of financial services, CITIC Fund Management Co.,Ltd. (CITICF)has been set up jointly by CITIC Securities Co.,Ltd.(49%), State Development & Investment Corp. (31%), Shanghai Jiushi Corp.(10%)and Zhonghai Trust & Investment Co., Ltd.(10%). With a registered capital of RMB 100 million Yuan.http://funds.ecitic.com
* TOP 2 China Southern Fund Management Co.,Ltd
It is one of the fund management companies with the largest asset scale and fund number. Under management additionally,it ranks first among all the first tier national investment managers of social security funds. All these years, all of CSFMS funds have distributed dividends total of RMB3 billion to the investors.Http://www.southernfund.com.
* TOP 3 Harvest Fund Management Co.,Ltd.
Harvest is one of China's top four fund management companies with more than 40 billion yuan of assets under management at the end of 2004. The company was founded in March 1999 as one of the first 10 fund management institutions authorized by the Chinese government as part of its strategy to open up and develop its financial sector. Website: www.jsfund.cn
* TOP 4 Invesco Great Wall Fund Management Co., Ltd
Invesco Great Wall Fund Management Co., Ltd (referred as to Invesco Great Wall) is jointly initiated by AMVESCAP, Great Wall Securities Co., Ltd., Kailuan Group Co., Ltd, Dalian Shide Group Co., Ltd with a registered capital of RMB100 million and registered office in Shenzhen. www.invescogreatwall.com
* TOP 5 China Merchants Fund Management Co., Ltd.
CMF was the first Joint Venture Fund Management Company approved by the China Securities Regulatory Commission.The company was formally launched on December 27, 2002. China Merchants Securities and ING Asset Management each holds 40% and 30% share of CMF, respectively. The balance of the company is equally held (10%) by China Power Finance Co. Ltd, China HuaNeng Finance Co. Ltd, and China COSCO Finance Co. Ltd.The main businesses of the company include launching of funds, fund management and other businesses permitted by CSRC. http://www.cmfchina.com
* TOP 6 E Fund Management Co.,Ltd.
E Fund Management have committed to building a corporate governance structure focused on the check and balance among the decision making, execution and monitoring functions of the company. This structure lays a solid foundation for the sound development of the company in the long run.http://www.efunds.com.cn
* TOP 7 Changsheng Fund Management Co.,Ltd.
Changsheng Fund Management Co., Ltd. is among the first ten fund management companies in China. The Company has a registered capital of RMB 100 million. Currently, the shareholders and their respective percentage are as follows: Guoyuan Securities Co. Ltd takes up 49%, Anhui Provincial Innovation Investment Co. Ltd 26%, and Anhui Provincial Investment Group Co. Ltd 25%. www.csfunds.com.cn
* TOP 8 Hua An Fund Management Co.,Ltd.
Founded in June 1998, one of the earliest fund management companies in China.Headquartered in Shanghai, with a branch in Beijing.Products include four close-end funds, five open-end funds, and one ETF.Total asset under management over 34 billion RMB, one of the largest in China. http://www.huaan.com.cn/Engver/abouthuaan/default.jsp
* TOP 9 Bosera Asset Management Co., Ltd
Bosera is an asset management institution providing financial management services for clients. Our mission is to create wealth for the investing public. Being a discoverer of the investment value is the resolute investment philosophy of bosera. Bosera is a knowledge-driven organization, always advocating standardized, streamlined, and systematic operation. We impose great importance on teamwork and knowledge sharing and require our employees to be upright, honest and responsible professionals. We firmly believe that only when we have made contributions to society, by exerting our expertise, can our firm become an eligible participant in the industry and survive in the modern society with long term sustainability.
* TOP 10 China Cinda Asset Management Co.,LTD
Since the 1990s, especially after the Asian financial crisis, great attention has been given to the non-performing asset of financial institutions. China's state-owned commercial banks have been the mainstay of the state's financial system and played important roles in economic development as a primary outlet for raising, and allocating capital. Prior to the release of the PRC Commercial Banking Law in 1995, the state-owned banks operated as specialized banks, of which credit business was heavily police-oriented. Overheated economy in early 1990s, the economic transition from a planned economy to market-based one, absence of effective internal management system to ensure loan quality, lack of a healthy environment, jointly produced a sizeable volume of non-performing loan. Before 1993, these Chinese banks had never set up a bad debt provision and never written off bad debts, which resulted in an constant accumulation of bad debts and, in turn, financial exposure. NPL has become a major
From at0086.com
