On June 26, China Citic Financial Assets fell 5.08% in regular trading, trading at HK$0.56/share, with turnover of HK$58.48 million. The stock price hit a fresh 52-week low during the session.
Within the Asset Management & Custody Banks sector where China Citic Financial Assets belongs, the overall sector was under broad pressure. Among individual stocks, China Cinda down 3.03%, Value Partners down 0.49%, CH Innovation flat at 0%, Smart Fish down 2.68%, HK.AI Capital down 4.88%.
The company is a China-based asset management firm operating through three segments: non-performing asset management (core business), financial services (financial leasing), and asset management & investment (private equity funds, financial investments, and international operations).
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