Hang Zhao

China Asset Management Co., Ltd. (China AMC) is the asset management subsidiary of CITIC Securities Co., Ltd. (SHA: 600030) in China. Headquartered in Beijing, the firm was founded in 1998 and provides a full range of services to domestic and international retail and institutional clients from US, Canada, Korea, Japan, Malaysia, Germany, Hong Kong, Macau and Taiwan, and many more, covering equity, fixed income, money markets, and other financial instruments. In 2017, China AMC has joined the United Nations-supported Principles for Responsible Investment (UNPRI), becoming the first full service asset manager in China to join the organization.

CITIC Fund Management Co. Ltd. (CFM) is the fund management arm and a wholly-owned subsidiary of CITIC Securities Co. Ltd., which is among China's leading brokerage firms. Established in 2003, CFM was originally set up jointly by CITIC Securities (SHG: 600030), State Development & Investment Corp., Shanghai Jiushi Corp. and Zhonghai Trust & Investment Co., Ltd. The firm is located in Beijing. CFM provides investment advisory and financial services. They manage mutual funds. Their clientele includes domestic retail investors and international institutions. In 2009 the firm was absorbed by China Asset Management.