Dec 13, 2012 04:26 PM

Trust Firms Have Their Products Rated

By staff reporter Yang Na

(Beijing) – Chinese trust companies have started getting their products rated, in what analysts say is an attempt to attract investment from insurance companies and securities firms.

The first rated trust product, Hwabao Jingwei Fortune No.1 Trust Scheme, was issued by Shanghai-based Hwabao Trust Co. Ltd. on behalf of KunMing Transportation Investment Co., Ltd., a state-owned infrastructure company in Yunnan Province.

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