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The latest update is out from China Huarong Asset Management Co., Ltd. Class H ( (HK:2799) ).
China CITIC Financial Asset Management Co., Ltd. announced a significant increase in net profit for the first half of 2025, with expectations of a 12.5% to 16.3% rise compared to the previous year. The company has been focusing on optimizing assets, increasing income, and reducing distressed assets, which has led to improved operating performance and strengthened risk management. The Group is committed to its strategic goals of improving quality and efficiency, aiming to become a leading industry player within five years.
More about China Huarong Asset Management Co., Ltd. Class H
China CITIC Financial Asset Management Co., Ltd. operates in the financial asset management industry, focusing on financial rescue, counter-cyclical adjustment, and serving national strategies. The company is involved in relief and revitalization business, equity business, and aims to enhance its core business capacity while managing financial risks.
Average Trading Volume: 139,016,038
Technical Sentiment Signal: Buy
Current Market Cap: HK$97.1B
For detailed information about 2799 stock, go to TipRanks’ Stock Analysis page.