Fundraising by property trust products in China slid 44% amid growing concerns over real estate sector

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Fundraising by property trust products in China tumbled more than 40 per cent in September from the previous month amid growing market concerns about the financial health of the real estate sector after debt woes at embattled China Evergrande Group and other mainland developers.

China's newly-launched real estate trust products raised 16.2 billion yuan from investors in September, slumping 44.8 per cent from the previous month, according to data from investment . . .

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