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Ping An Trust
Ping An Trust
NEWS
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  • The Chinese trust industry saw a 13% increase in assets under management in 2023, reaching ¥23.92 trillion.
  • Despite the growth in assets, profits stagnated, causing an industry polarization with over half of the companies facing revenue and profit declines.
  • Asset service trusts outpaced asset management trusts, constituting 57% of newly established trust products from June to December 2023.
Jun.8 2024 13:14 PM
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The trust company is filing a lawsuit against defaulted developer Zhenro, asserting that it has “obligations to buy back the product”
Apr.11 2024 05:44 AM
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Shenzhen court says PE firm founded by financier Fred Hu should hand over all its gains from the stake sale so they can be returned to investors
Jul.7 2023 21:35 PM
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Investors in Primavera Capital fund say firm cheated them out of returns by offloading a 0.1% stake in the finch superstar on the cheap
Sep.5 2020 22:05 PM