Press "Enter" to skip to content

Real estate trust product issuance tumbled in July after authorities tightened grip

Chinese trust companies issued sharply less products to raise funds for the real estate sector after the authorities stepped up scrutiny on their lending to homebuilders in a move to prevent the property market from overheating.

Trust firms issued 323 collective trust vehicles that are designed for investment in the real estate sector which raised 65.6 billion yuan in July, according to data from Yonglee Trust, a trust industry . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out! 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
  • Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!

 

Not ready for the full service? Subscribe to our Free Weekly Newsletter first.

Already have an account? Sign In

Top