Beijing State-owned Assets Management
From Wikipedia, the free encyclopedia
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 CN¥185.2 billion in assets under management.[3]
Company type
PredecessorBeijing State-owned Assets Management Corporation
Founded25 April 2001
Headquarters
Beijing
, China
 | |||||
| Company type | |||||
|---|---|---|---|---|---|
| Predecessor | Beijing State-owned Assets Management Corporation | ||||
| Founded | 25 April 2001 | ||||
| Headquarters | Beijing , China | ||||
| Revenue | CN¥8.15 billion (2024) | ||||
| CN¥16.05 billion (2024) | |||||
| Total assets | CN¥185.2 billion (2024) | ||||
| Owner | Beijing Municipal Government | ||||
| Parent | Beijing's SASAC | ||||
| Rating |
| ||||
| Website | bsam.com.cn | ||||
| Footnotes / references in consolidated financial statement[2] | |||||
| Beijing State-owned Assets Management Co., Ltd. | |||
|---|---|---|---|
| Simplified Chinese | 北京市国有资产经营有限公司 | ||
| |||
Subsidiaries
- Beijing Beiao Group[2]
- Chinese: 北京工业发展投资管理有限公司; lit. 'Beijing Industrial Developing Investment Management Co.', 'Ltd.'[2][4]
- Beijing International Trust[2]
- Beijing National Aquatics Center[2]
- Beijing National Stadium[2]
- China Beijing Equity Exchange[2]
- Beijing State-owned Assets Management (Hong Kong) Co., Ltd. (a SPV for bond traded in Hong Kong as SEHK: 5520 and SEHK: 5521)[5]
- 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.[6][7]
- current
- former
- BAIC Motor[8]
- China Securities (Huaxia Securities) (29.82%)[9]
- Xiezhong International (indirectly)[4]