Chinalco establishes corporate treasury center in Hong Kong to build an offshore fund management platform.
Zhitong Finance APP has learned that Invest Hong Kong announced today that Chinalco Group has established a corporate treasury center in Hong Kong - Chinalco Group Treasury Management Co., Ltd. (Chinalco Treasury). Chinalco Treasury is the offshore fund management platform of Chinalco Group and will be responsible for the group's centralized offshore fund management, offshore financing, foreign exchange and interest rate risk management, and comprehensive financial services. This move will help this leading enterprise in the global non-ferrous metals industry advance its overseas layout, while highlighting Hong Kong's advantages as the first stop for mainland enterprises going global and as a hub for corporate treasury centers.
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