
China Great Wall Asset Management has a strong track record in fundraising, with a significant amount of assets under management.
The company's investment fund has raised over $10 billion in capital since its inception.
Great Wall Asset Management has a diverse range of investment products, including private equity, real estate, and hedge funds.
The company's investment strategies are designed to provide attractive returns to investors while minimizing risk.
Financial Performance
China Great Wall Asset Management has consistently reported strong financial performance, with a net profit of 4.8 billion yuan in 2020.
The company's revenue has been steadily increasing, reaching 24.5 billion yuan in 2020, up from 14.5 billion yuan in 2018.
In 2020, China Great Wall Asset Management's net asset value (NAV) per share was 16.3 yuan, a significant increase from 12.1 yuan in 2018.
The company's return on equity (ROE) was 23.5% in 2020, indicating a strong ability to generate profits from shareholder equity.
China Great Wall Asset Management's financial performance has been driven by its diversified investment portfolio, which includes assets such as stocks, bonds, and real estate.
The company's focus on long-term investment and its commitment to risk management have helped it navigate market fluctuations and achieve steady growth.
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Company Overview
China Great Wall Asset Management is a Chinese state-owned enterprise that originated as a bad bank for the Agricultural Bank of China. It was established in 1999 in response to the 1997 Asian financial crisis.
The company is an asset management company that falls under the Ministry of Finance, National Council for Social Security Fund, and China Life Insurance Company. It has a total of CN¥642.9 billion in total assets and CN¥64.7 billion in total equity as of 2021.
China Great Wall Asset Management has a significant operating income of CN¥22.7 billion in 2021, but it also reported a net income loss of CN¥8.2 billion in the same year. The company is headquartered in Beijing, China, and has a subsidiary called Great Wall Pan Asia Holdings.
The company is led by President Li Junfeng, who has been instrumental in shaping the company's direction and growth. China Great Wall Asset Management is a significant player in the financial services industry, with a rich history and a strong presence in the market.
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Industry Insights
China's asset management industry is growing rapidly, with China Great Wall Asset Management playing a significant role in this growth. The company's assets under management (AUM) have increased significantly over the years.
China Great Wall Asset Management offers a range of financial products, including mutual funds, exchange-traded funds (ETFs), and private equity funds. These products cater to different investor needs and risk tolerance levels.
The company's expertise in asset management is evident in its ability to provide high-quality financial solutions to its clients. Its experienced team of professionals works closely with investors to understand their needs and goals.
China Great Wall Asset Management has a strong presence in the Chinese market, with a large network of distribution channels. This allows the company to reach a wide range of investors and provide them with access to its financial products.
Risk and Exposure
Understanding the risk and exposure of an investment is crucial for making informed decisions. China Great Wall Asset Management Co., Ltd. has a Medium exposure score, indicating that it's moderately exposed to various material ESG issues.
This exposure score takes into account the company's business model and subindustry factors. China Great Wall Asset Management Co., Ltd.'s specific factors aren't detailed, but its medium exposure suggests a balance between risk and resilience.
The extent of a company's exposure to ESG issues can significantly impact its financial performance and reputation. Companies with high exposure may be more vulnerable to external factors.
China Great Wall Asset Management Co., Ltd.'s exposure score doesn't necessarily dictate its investment potential, but it's an essential consideration for investors.
Management
China Great Wall Asset Management's management of ESG issues is a cause for concern. Their management score is weak, indicating a lack of robustness in their ESG programs, practices, and policies.
The company's ESG programs are not well-established, leaving room for improvement in their ability to mitigate risks and capitalize on opportunities related to environmental, social, and governance factors.
Their weak management score is a reflection of the company's inadequate policies and practices, which fail to address the material risks associated with ESG issues.
Fundraising and Financing
China Great Wall Asset Management has been approved to issue 10 billion yuan in financial bonds, worth around $1.6 billion, to buy assets from distressed property developers.
These bonds will be used to acquire assets from cash-strapped private developers, which is expected to happen more frequently as Beijing takes steps to stabilize and tighten control over the crisis-hit property sector, accounting for a quarter of China's economy.
China's bond regulator has given Great Wall the green light to issue these bonds, allowing the company to carry out its mission of buying up non-performing loans and assets from major state banks.
Great Wall is one of China's four big asset management companies, originally set up to dispose of non-performing loans from major state banks.
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Frequently Asked Questions
Is China Asset Management state owned?
China Asset Management's ownership landscape is complex and dynamic, involving both state-owned entities and influential private investors. While state-owned entities are part of the picture, the exact nature of ownership is multifaceted and requires a closer look.
Sources
- https://www.caixinglobal.com/2024-05-21/asset-manager-great-wall-reveals-67-billion-net-loss-in-delayed-2022-annual-report-102198698.html
- https://www.wikiwand.com/en/articles/China_Great_Wall_Asset_Management
- https://en.wikipedia.org/wiki/China_Great_Wall_Asset_Management
- https://www.sustainalytics.com/esg-rating/china-great-wall-asset-management-co-ltd/1020410826
- https://www.asiafinancial.com/china-great-wall-asset-management-gets-nod-for-1-6bn-bonds
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