Beijing State-owned Assets Management
Beijing State-Owned Assets Management Co., Ltd. is a Chinese sovereign [wealth fund] based in Beijing. It was owned by Beijing Municipal People's Government. As of 2024, BSAM had CN¥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 Co., Ltd.
- Beijing State-owned [Capital Operation and Management], sister company
Equity investments
BSAM acquired an 85.01% stake in Credit Suisse Securities 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.;current
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