CNPC Finance (HK) Ltd
Incorporated in March 2008 in Hong Kong as a wholly owned subsidiary of China Petroleum Finance Co., Ltd. , CNPC Finance (HK) Limited is the first and only offshore subsidiary of a PRC finance company approved by the China Banking and Insurance Regulatory Commission (“CBIRC”). As the sole offshore treasury centre of China National Petroleum Corporation, the Company is positioned to integrate the Group’s offshore fund management and provide comprehensive financial services for CNPC overseas operations
Providing global cash management services to member companies and conducting centralised management of CNPC’s offshore funds; taking deposits from, handling settlements amongst and designing clearance solutions for member companies; engaging in bank borrowings and issuing bonds and short-term papers; providing loans, project financing and other credit services to member companies; designing and implementing FX hedging solutions for member companies; investing in securities; providing guaranty services to, and handling entrusted loan and investment services amongst member companies.
|Nature of Business
- Other Finance & Investment
- Stock Investment