Which bank does Yin Xin Finance belong to?
Yin Xin Finance is CITIC Bank. According to official website, an online bank of CITIC, Yin Xin Finance is a wholly-owned financial subsidiary of CITIC Bank, the fourth financial subsidiary of a domestic joint-stock commercial bank and the first financial subsidiary of a national joint-stock bank to settle in Shanghai. Yin Xin Wealth Management Co., Ltd. has a registered capital of 5 billion yuan, mainly engaged in asset management business such as issuing public wealth management products, issuing private wealth management products, financial consultants and consulting. China CITIC Bank was established in April 1987 and its headquarters is in Beijing. In 2007, it was listed on Shanghai Stock Exchange and Hong Kong Stock Exchange A plus H shares simultaneously. CITIC Bank is one of the earliest emerging commercial banks in China and the first commercial bank in China to participate in domestic and foreign financial market financing.