China Citic Financial Asset Management says it deployed nearly CNY 300 billion for 43 property rescue projects in 2025

Reuters
Yesterday
<a href="https://laohu8.com/S/CHBJF">China Citic</a> Financial Asset Management says it deployed nearly CNY 300 billion for 43 property rescue projects in 2025
  • CITIC Financial Asset Management said it deployed CNY 300 billion across 43 real estate support projects and facilitated delivery of 13,700 housing units.
  • Over the past three years, it said cumulative real estate support reached CNY 719 billion across 114 projects, supporting delivery of 81,200 housing units.
  • It reported purchasing CNY 909 billion of non-performing claims tied to small and mid-sized financial institutions and participating in risk resolution work across 24 provinces and cities.
  • Since 2023, it said it acquired nearly CNY 100 billion of non-performing claims linked to one small bank in Guangxi.
  • For a separate case in Hebei, it said it acquired more than CNY 400 billion of non-performing claims.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Citic Financial Asset Management Co. Ltd. published the original content used to generate this news brief on March 23, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10