Cinda 'Wants to List in Hong Kong This Year'

(Hong Kong) – One of the country's Big Four state-owned asset management companies, China Cinda Asset Management Co., wants to list in Hong Kong by the end of the year, a source close to the situation says.

The original plan was to launch an initial public offering in Hong Kong in 2014, but management wanted to move quicker, the source said. He did not explain why.