| China Cinda Asset Management
China Cinda Asset Management
China Cinda Asset Management’s legal team is regarded as among the very best in the Chinese market, winning an industry award for best in-house legal team in the state-owned enterprise category in 2018. The team’s success is in part due to the company’s very strong financial performance since diversifying away from its initial status as a “bad bank”, towards a more proactive role in the offshore high-yield corporate bond market. China Cinda Asset Management managed to raise billions of dollars issuing notes in 2017 and has provided excellent dividends to investors since. This remarkable transformation has been enabled at all stages by its legal team, which can take major credit for the success of this endeavour. It has also had a major role to play in compliance country-wide, with the team in 2018 meeting with the China Banking and Insurance Regulatory Commission to help tackle the problem of P2P-lending platforms collapsing and losing investor’s money.