China ESG - Weekly news update June 2020 / 02

Jiemian News  Release 2020 China A-Share Listed Company CEO Salary List: China Fortune Wu Xiangdong topped the list with 38.69 million

Comparing the 2019 performance of these 100 CEO listed companies, a total of 68 CEO companies have achieved simultaneous growth in operating income and net profit, and 23 of the company's CEO salaries have maintained consistent growth with their performance.

In 2019, there are 14 CEOs with an annual salary of more than 10 million, accounting for 1.03% of the total number, which is basically the same as last year. The vast majority of CEOs are still in the range of 1 million to 1.99 million yuan, and the proportion of the number of people in this section is 67.72%.

source from Jiemian news

NN IP launches new ESG fund with partner ChinaAMC

In March 2020, NN Investment Partners (NN IP) and its strategic partner China Asset Management Co. Ltd. (ChinaAMC), have together launched its inaugural ESG-integrated China A-Share Equities strategy. The NN (L) International ChinaA-Share Equity fund targets both institutional and wholesale investors. The current market developments underline the importance of integrating Environmental, Social and Governance (ESG) factors more than ever, making the fund well positioned to leverage on this opportunity in the Chinese market.

source from NNIP