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China CITIC Financial Asset Management Co (FRA:CHE) Interest Expense (Positive)


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What is China CITIC Financial Asset Management Co Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.


China CITIC Financial Asset Management Co (FRA:CHE) Business Description

Traded in Other Exchanges
Address
No. 8, Financial Street, Xicheng District, Beijing, CHN, 100033
China Huarong Asset Management Co Ltd operates as an asset manager and provides financial services. It has three segments. Its distressed asset management segment includes policy-related DES asset management business based on the commercial buy-out of the company, special situations investments business, distressed asset-based property development business as well as market-oriented DES business of the group. The financial services segment mainly includes securities and futures business, financial leasing business, and banking services business. Asset management and investment segment mainly includes trust business, international business and other business. It derives the majority of its revenues through its distressed asset management services.