Beijing State-owned Assets Management

Beijing State-Owned Assets Management Co., Ltd. (BSAM) is a Chinese sovereign wealth fund based in Beijing. It was owned by Beijing Municipal People's Government. As of 2024, BSAM had CN¥185.2 billion in assets under management.^[3]

Beijing State-owned Assets Management

Company type	state-owned enterprise (as limited company)
Predecessor	Beijing State-owned Assets Management Corporation
Founded	25 April 2001; 24 years ago (2001-04-25)
Headquarters	Beijing , China
Revenue	CN¥8.15 billion (2024)
Operating income	CN¥16.05 billion (2024)
Total assets	CN¥185.2 billion (2024)
Owner	Beijing Municipal Government
Parent	Beijing's SASAC
Rating	Moody's Fitch Ratings A (June 2017)[1]
Website	bsam.com.cn
Footnotes / references in consolidated financial statement[2]

Beijing State-owned Assets Management Co., Ltd.
Simplified Chinese	北京市国有资产经营有限公司
Transcriptions

Subsidiaries

• Beijing Beiao Group^[2]
• Chinese: 北京工业发展投资管理有限公司; lit. 'Beijing Industrial Developing Investment Management Co.', 'Ltd.'^[2][4]
• Beijing International Trust^[2]
• Beijing National Aquatics Center^[2]
• Beijing National Stadium^[2]
• China Beijing Equity Exchange^[2]
• Beijing State-owned Assets Management (Hong Kong) Co., Ltd. (a SPV for bond traded in Hong Kong as SEHK: 5520 and SEHK: 5521)^[5]
• Beijing State-owned Capital Operation and Management, sister company

Equity investments

BSAM acquired an 85.01% stake in Credit Suisse Securities (China) in June 2024 for a total of $215.4 million. The stakes were purchased from UBS and Founder Securities, with UBS keeping a 14.99% stake in the company.^[6][7]

current

• Bank of Beijing

former

• BAIC Motor^[8]
• China Securities (Huaxia Securities) (29.82%)^[9]
• Xiezhong International (indirectly)^[4]