BEIJING, Feb. 17 (Xinhua) -- China's individual investors for trust products exceeded 1.20 million by the end of 2021, reported Xinhua Finance citing data with China Trust Registration Co., Ltd. on Thursday.
The growth came along with the overall increase of trust products investors in China in 2021 when the aggregate investors numbered 1.26 million by the yearend, up 55.35 percent from the start of 2021 and 19.04 percent from the end of September 2021.
Individual investors totaled 1.21 million, up 56.02 percent from the beginning of 2021 and 19.77 percent from the end of the third quarter of 2021.
Net increase of individual investors in the fourth quarter of 2021 stood at 200,000, accounting for 99.14 percent of the total quarterly investor growth from October to December, 2021.
By the end of 2021, trust products invested by financial institutions, financial products, non-financial enterprises and individual investors made up respectively 33.07 percent, 24.24 percent, 17.10 percent and 25.58 percent of the total outstanding trust products.
Compared with the start of 2021 and the end of September 2021, the proportion of financial institutions' trust products holdings in overall outstanding trust products declined 29.79 percent and 9.71 percent respectively by the end of 2021, hinting the effects of financial regulators' crackdown on trust channel business and trust financing business. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
