Citic Ronghui Phase I ( Heying) was established

Released time:2012-07-24Pageviews:29764

On July 23th, Citic Ronghui Phase I ( Heying) was formally established. The capital trust plan of this securities investment collection is TOT type financial products, which is set up by Citic Trust Co.,Ltd. The trust period is five years and there are three investment portfolios (sub-funds).

The custodian bank of Citic Ronghui Phase I is Xingye Bank Co.,Ltd. Securities brokers are Xingye securities Co.,Ltd. The private banking department of Xingye bank has selected three investment advisers to manage three investment portfolios (sub-fund) through strict screening criteria. Among them, No. 1 investment portfolio trust is invested as an investment adviser by Shenzhen Heying Investment Management Co.,Ltd.

Citic Ronghui Phase I began to raise funds at 16 branches nationwide on June 11. The release coincided with A sharp fall in A shares, posing A significant challenge to the issue. However, under the efforts of the branches and investment advisers of industrial bank, the product raising reached the expected size and was successfully established.