A lease will be 2012 Huarong Asset Management of stock market listing

 (Reporter Hu Hongwei) in the completion of the four major state-owned commercial banks dispose of bad assets, the historical mission, the four asset management companies are also exploring their own market, one of the China Huarong Asset Management Corporation, The vice president Xuzhao Hong yesterday said its two subsidiaries were expected in two to three years A shares and H shares listed, the overall market is also expected in 5 years.

's company will be A, H-share listed

as one of the four asset management companies, Huarong financial assets Exchange yesterday and Beijing signed a strategic cooperation agreement. Xu said at the signing space, its ten subsidiaries, is listed on the first promising Huarong lease, the current pre-listing preparation is completed, expected in 2012, listed A shares, the company is the oldest of finance leases companies; In addition, another financial Tak's Asset Management Limited, is expected to be in the H-share listed.

historical mission has been completed


early as 1999, the State for the disposal of the Bank of China, Agricultural Bank of China, ICBC and China Construction Bank's non-performing assets, their counterparts in the establishment of the East , Great Wall, Huarong and Cinda four asset management companies, the Ministry of Finance for the four companies to provide 100 billion of the capital, four asset management companies dispose of bad assets corresponding to the time limit of 10 years. After completion of this task, the four companies have their own assets to commercialize the process.

completely come to the market

Xu said the three-step Huarong established a five-year business development strategy, completely take the market-oriented path.

gold for the overwhelmed and the cooperation of the North, Xu said, the most valued by the network of the North of gold trading platform, through this platform to find a larger range of needs in the future jurisdiction of Huarong Asset financial non-performing loans, equity, trust and other financial products, will be conducted in the North publicly traded gold. In addition to the traditional business of state-owned assets, will also be involved in investment and financing consulting.

Xiong Yan, chairman of the North of gold in the said will help China Huarong network of 32 branches, together to create the radiation of the financial asset trading platform.

learned that King of the North China Huarong cooperation began in August 2003, the predecessor of Beijing Zhongguancun Technology Equity Exchange Property Exchange joint four asset management companies to jointly build the first domestic use of centralized disposal of the equity market platform of financial non-performing assets, namely Today, after the supermarket become independent of gold in the North. According to statistics, the platform as of December 2010, has been trading various financial assets accumulated 370 billion yuan, the volume of business occupy the domestic interbank market of 80%.