CFAE

Beijing Financial Assets Exchange Co., Ltd. (abbreviated as CFAE) is a professional financial asset trading institution established under the guidance of the People's Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission, the China Insurance Regulatory Commission, the Ministry of Finance, and the Beijing Municipal People's Government. It was officially inaugurated and put into operation on May 30, 2010.
CFAE is a bond issuance and trading platform authorized by the People's Bank of China, a financial state-owned asset trading platform designated by the Ministry of Finance, and a designated trading platform of the National Association of Financial Market Institutional Investors (NAFMII). Its business scope covers bond issuance and trading, trading of financial enterprise equity, creditor's rights, and foreclosed assets, entrusted creditor's rights investment trading, trust product trading, and insurance asset trading, providing one-stop direct services from information disclosure, registration, and trading to settlement for various financial assets.
CFAE adopts the organizational form of a limited liability company and is jointly funded by NAFMII, Beijing Equity Exchange, Cinda Investment Co., Ltd., China Everbright Investment Corporation, Beijing Huarong Comprehensive Investment Company, Huaneng Capital Services Co., Ltd., and China Bond Rating Co., Ltd.