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CMB International Asset Management
CMB International Capital was established in 1993. It functions as the investment platform of China Merchants Bank with a focus on cross-border mandates.
CMB International Asset Management
CMB International Capital was established in 1993. It functions as the investment platform of China Merchants Bank with a focus on cross-border mandates. The firm deploys capital across venture, growth equity, buyouts and real estate. Confirmed positions include United Imaging Healthcare, Guazi and Zhipu AI in China plus exited holdings in JD Logistics and Xiaomi. Geographic reach centers on China and Hong Kong with additional exposure to Singapore, Japan and Australia through the Asia-Pacific REITs Fund. Structures include direct co-investments via CMBI Offshore Funds and tokenized vehicles on BNB Chain and Solana. AUM stands at 17,641 million USD per internal records. The firm maintains one philanthropic vehicle, China Merchants Foundation, established in 2009. It attended the Wealth Management Expo in Hong Kong in August 2025. Service providers include Ernst & Young as auditor and Freshfields Bruckhaus Deringer as legal counsel. Ownership by China Merchants Bank creates a direct link to onshore Chinese banking networks and cooperative arrangements with the National Social Security Fund.
General information
Firm type
Generalist
Year founded
1993
AUM
Undisclosed
Location
Region
Asia
Country
Hong Kong
City
Hong Kong
Corporate office
45th & 46th Floor, Champion Tower 3 Garden Road, Central, Hong Kong
Sector focus
Frequently asked questions
Who owns CMB International Asset Management?
China Merchants Bank is the sole owner and parent of CMB International Capital.
What asset classes does the firm deploy into?
Venture, growth equity, buyouts, REITs and tokenized money market funds form the core mix.
Does the firm hold public or private positions in China?
Both. Active private holdings include United Imaging Healthcare and Zhipu AI. Public positions include CATL and Meituan.
What is the geographic focus of investments?
Primary activity centers on China and Hong Kong with REIT exposure across Singapore, Japan and Australia.
How does the firm participate in blockchain or digital assets?
It offers a tokenized USD money market fund on BNB Chain and Solana and provides virtual asset trading services.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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