Beijing State-owned Assets Management

Beijing State-Owned Assets Management Co., Ltd. (BSAM) is a Chinese sovereign wealth fund based in Beijing. It was owned by Beijing Municipal People's Government. As of 2024, BSAM had CNÂ¥185.2 billion in assets under management.

Subsidiaries

• Beijing Beiao Group
• Beijing International Trust
• Beijing National Aquatics Center
• Beijing National Stadium
• China Beijing Equity Exchange
• Beijing State-owned Assets Management (Hong Kong) Co., Ltd. (a SPV for bond traded in Hong Kong as and )
• Beijing State-owned Capital Operation and Management, sister company

Equity investments

BSAM acquired an 85.01% stake in Credit Suisse Securities (China) in June 2024 for a total of $215.4 million. The stakes were purchased from UBS and Founder Securities, with UBS keeping a 14.99% stake in the company.

• Bank of Beijing

• BAIC Motor
• China Securities (Huaxia Securities) (29.82%)
• Xiezhong International (indirectly)

References

External links