Asset management in China

Asset management companies in China came into being in 1998. The founding of commercial Asset management companies (AMC; ) established by the Ministry of Finance tasked with professionally managing third-party assets was a major landmark in the development of China's financial system. It marks a transition in Chinese regulation away from an unregulated environment toward a system where specialist companies started to operate according to a defined set of standards and regulations.

Development of AMCs
From 1998 to 1999, the Chinese government created 10 AMCs in China. 4 as bad banks, one for each of the four commercial state-owned banks. and 6 Fund management companies. As of 2018 there are over 130 asset management companies in china, with a combined US$2 billion in assets under management.

The original asset management companies include:
 * China Great Wall Asset Management - for the Agricultural Bank of China
 * China Orient Asset Management - for the Bank of China
 * China Cinda Asset Management - for the China Construction Bank
 * China Huarong Asset Management - for the Industrial and Commercial Bank of China
 * Guotai Asset Management
 * China Southern Asset Management
 * HuaAn Fund Management
 * Bosera Asset Management
 * Penghua Fund Management
 * China Asset Management

Other AMCs that were established later on include:
 * Changsheng Fund Management
 * China Universal
 * Dacheng Fund Management
 * E Fund Management
 * Fullgoal Asset Management
 * Harvest Fund Management
 * ICBC Credit Suisse Asset Management
 * Tianhong Asset Management