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China's trust assets expand in 2022
China trust industry reported steady expansion last year amid heightened efforts in its structural optimization and quality development push to better serve the real economy.
March27,2023
China's Zijin Trust to get additional RMB500 mln from Sumitomo Mitsui
Zijin Trust, a trust company based in Nanjing, capital of east China's Jiangsu Province, will receive additional 500 million yuan (about 77.2 million U.S. dollars) investment from Sumitomo Mitsui Trust Bank Ltd., a leading trust bank in Japan, according to Securities Daily on Wednesday.
August12,2021
Zhongrong Int'l Trust refutes being required to halt financing biz, report
Zhongrong International Trust Co., Ltd. (ZRT) refuted Thursday market hearsay that the company had been required to suspend its financing business, reported sector portal Securities Daily Friday.
June19,2020
China's trust sector continues to shrink in 2019
China's trust industry continued to shrink last year amid tighter financial regulation, while sustaining its momentum in supporting the real economy.
March23,2020
More trust funds enter real economy
More trust funds were channeled into the real economy last year as China moved to strengthen financial support for money-starved small- and medium-sized enterprises (SMEs).
March14,2019
China's trust sector reports slowdown amid risk prevention
Total assets managed by Chinese trust companies reported the first quarterly drop in two years as the government has placed increasing emphasis on financial risk prevention, data from the China Trustee Association showed Wednesday.
June21,2018
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