Cinda International Holdings Limited
0111.HK
Hong Kong Stock Exchange0.62
HKD
-0.01
- -
Cinda International Holdings Limited
0111.HK
(Hong Kong Stock Exchange)
Recent
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0.62
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Cinda International Holdings Limited (0111.HK) is an investment holding company principally engaged in diversified financial services, including asset management; sales and trading in securities, equity-linked products, unit trusts, stock options, commodities and futures contracts; corporate finance encompassing underwriting, placing, margin financing, sponsor services, financial advisory and independent financial advisory; bonds issuance and underwriting; and fixed income investments focused on Chinese-funded offshore bonds. Incorporated in 2000 and headquartered at 45th Floor, COSCO Tower, 183 Queen's Road Central, Hong Kong, the company operates primarily in Hong Kong and Mainland China, serving individuals, corporates, enterprises and institutional customers across global securities and futures markets. It functions as a subsidiary of Cinda Securities (H.K.) Holdings Limited, which is indirectly controlled by Cinda Securities Co., Ltd., a 78.67% non-wholly-owned subsidiary of China Cinda Asset Management Co., Ltd., supporting the group's internationalization and diversification in distressed asset management and financial services. The asset management segment manages various funds and investment portfolios, including troubled asset projects, domestic troubled asset funds and a public open-ended money fund launched in the fourth quarter of 2024, with assets under management reaching HK$51.8 billion. Corporate finance completed 28 overseas bond issuance projects in 2024 amid improved market sentiment, while sales and trading provides broking services licensed by the Securities and Futures Commission of Hong Kong and China Securities Regulatory Commission for B shares. Fixed income investment maintains a hold-to-maturity strategy, with average bond positions expanding 167% year-on-year to US$62.45 million. In 2024, the company recorded total revenue of HK$171.90 million, up 26% from 2023, driven by a 388% surge in corporate finance underwriting fees to HK$42.75 million and fixed income investment revenue growth of 158% to HK$38.74 million, alongside a 36% increase in turnover to HK$191.88 million; profit after tax rose 181% to HK$10.34 million. It disposed of 50% equity interests in two PRC subsidiaries, Cinda Lingxian (Shenzhen) Equity Investment Fund Management Limited and Cinda International (Shanghai) Investment Consultant Limited, and acquired RMB30 million in bonds for RMB28.72 million plus US$2.1 million in 6.98% bonds to diversify its portfolio. The group strengthened synergies with Cinda Securities for cross-border initiatives, including Wealth Management Connect, overseas bond issuances, Hong Kong IPOs, H-share brokerage and shared research resources, while enhancing market-oriented asset management and equity-debt integration.