[2] It was one of the four asset management companies that the Government of China established in 1999 in response to the 1997 Asian financial crisis.

[7] In April 2018, the Central Commission for Discipline Inspection, and the National Supervisory Commission launched an investigation into possible "serious violations of discipline and laws" of Lai Xiaomin, the Chairman of China Huarong Asset Management, and the Chinese Communist Party Committee Secretary for Huarong.

2 Intermediate People's Court of Tianjin opened a public hearing on the case of bribery, corruption, and bigamy of Lai Xiaomin.

The selloff came after the company missed an end-March deadline to release its 2020 financial results.

[17] In January 2024, the company was renamed to China CITIC Financial Asset Management.