China Huarong Overseas Investment Holdings Co., Limited 中國華融海外投資控股有限公司

A deeper dive into CMBC, CSPT and FWF
After raw-nerve responses from CMBC Capital (1141) and China Soft Power Technology (0139) to our Huarong-CMB network diagram, we zoom in on their network and also look at CMBC's exposure to the controller of 3 more listed companies. (21-Oct-2018)
The Huarong-CMB network: 26 stocks not to own
In our first circuit diagram since the infamous Enigma Network, we examine the overlapping networks, bubbles and funding surrounding 26 HK-listed companies that your portfolio would probably do better without. (19-Oct-2018)
China Huarong Overseas gets security interest in 1.8bn shares (3.93%) of CMBC Capital (1141)
Disclosure of interest, 5-Jul-2017
China Huarong Overseas is 51% owned by China Huarong Asset Management (2799) and already owns 4.26% of CMBCC. This security interest is probably because it has loaned money against the shares held by China Soft Power (0139) which owns about 7.38% of CMBCC, including the pledged shares.
China Minsheng Bank (0245) takes over Skyway Securities (1141)
Company announcement, 8-Mar-2017
Skyway is a company in what we call the "Chung Nam Network" (CNN). Also involved as a smaller purchaser and subscriber in this deal is China Huarong Overseas, a 51% subsidiary of China Huarong Asset Management (2799). Skyway will distribute its holdings of 2 other CNN members: 13.56% of China Soft Power Technology (CSPT, 0139) and 4.87% of Future World Financial (0572). CSPT owns 15.43% of Skyway, so it will receive shares in itself.

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