CINDA ASSET MANAGEMENT PROSPECTUS PDF

Subscriber Account active since. Over the years, Cinda has acquired licenses to operate other businesses like fund management and insurance, but it largely remains a bad bank with a significant part of its operations revolve around nonperforming loans. You're the entity that is, at least the understanding is, you're the junk pile and you're basically insolvent, and the only reason you're not insolvent is the government implicitly stands behind you. Chovanec believes that one option Cinda may consider is to spin-off the other healthier businesses and list them. But this would be quite different from saying Cinda, as an entity, is listing. Of course to know more about that we'd have to wait for the prospectus and see how they value their assets.

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Subscriber Account active since. Over the years, Cinda has acquired licenses to operate other businesses like fund management and insurance, but it largely remains a bad bank with a significant part of its operations revolve around nonperforming loans. You're the entity that is, at least the understanding is, you're the junk pile and you're basically insolvent, and the only reason you're not insolvent is the government implicitly stands behind you.

Chovanec believes that one option Cinda may consider is to spin-off the other healthier businesses and list them. But this would be quite different from saying Cinda, as an entity, is listing. Of course to know more about that we'd have to wait for the prospectus and see how they value their assets. The financial sector is "very lucrative" at the moment says Chovanec.

While international investors may have pulled, out domestic investors have not. On the face of it, Chinese banks are outrageously profitable and so maybe if that's what they're listing, that might well be attractive.

That's what makes me believe this has got to be a carve out of the lucrative operations from the licenses that they own. That's the only thing I can figure. Cause everybody wants a piece of the financial industry in China, domestically. There has been chatter about Cinda listing for some time now, so can we realistically expect it to apply to list next month?

Chovanec says that will likely be contingent on how the "economy and the financial stability in China play out over the next several months. Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'.

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A Big Chinese 'Bad Bank' Plans To Go Public And It Has Experts Scratching Their Heads

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Bad loans make good business for China Cinda

The offering is set to be the biggest in Hong Kong this year as global investors bet that soured loans will be a growth business in China. It opens a window into how the four firms have managed loans, investments and properties seized from companies unable to repay their lenders as the world's second-largest economy slowed. Cinda, the first of the four to launch an IPO, said in a filing to the Hong Kong Stock Exchange that total assets rose 11 percent to Created in to handle the bad loans of China Construction Bank, the country's No. In its IPO Cinda is offering 5.

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