Cinda, one of the four biggest state-owned asset management companies (AMCs) in China, announced the scrapping of the planned Ant investment on Thursday, without elaborating on the reason. Cinda's ...

Cinda said its board decided “not to participate” in the plan to pay 6 billion yuan (US$943 million) for an additional 20 per cent stake in Chongqing Ant, according to a filing to the Hong ...

Financial services firm China Cinda (HK) Holdings is aiming to raise $400 million in a 3-1/2-year U.S. dollar bond, according to a term sheet and two sources with direct knowledge of the transaction.

Cinda saw the best returns from the first round of bad loans that were shifted out of the banks between 1999 and 2004, according to BOC International. It took on 28 per cent of the loans, ...

Cinda, set up in the late 1990s to take over an estimated 1.4 trillion yuan of bad assets from mainland banks, has shortlisted Bank of America Merrill Lynch, Credit Suisse, Goldman Sachs and UBS ...

Cinda Asset Management has become the first of China’s “bad banks” to expand into fund management by taking a 54 per cent stake in a joint venture with First State Investments, part of the ...

China Cinda Asset Management Co Ltd scrapped a deal to buy a 20% stake worth about $944 million in fintech giant Ant Group's consumer finance arm because of pressure from state authorities, people ...