A qualified investor needs to have capital of 3 billion yuan, total assets for the last year of 50 billion yuan and net assets of 20 billion yuan

Troubled firm’s failure to repay investors in 2020 led authorities to crack down on trust industry

Company offers incentives to investors to accept repayment plan soon; compensation ratio weighted toward smaller players

Three years after notorious $2.9 billion default and seizure by authorities, trust designates top restructuring parties and says it’s still working on disposal plans

Chen Jun barred from working in the sector over the troubled company’s violation of rules on ‘prudent operating’

Liu Canglong is being held on suspicion of misappropriating funds six months after provincial authorities took over troubled company

Regulator finds company illegally raised funds for property firms and promoted ‘trust of trust’ products

Board appoints Huang Xiaofeng, the chairman of Sichuan Trust’s No. 2 shareholder, as part of management overhaul in wake of debt crisis

China’s banking regulator steps in after trust fails to resolve a $3.6 billion investment repayment crisis that emerged in May

Troubled company where investors staged protest in June reports it’s scraping up cash by liquidating assets and plans to sell its headquarters building and a stake in a brokerage

Central regulators move in on trusts, online lending

China should be firm in adopting an expansionary fiscal policy, a top expert argues. Plus, Japan looks to ban TikTok.

CBIRC freezes repayments of trust products with no resolution in sight for payment crisis ongoing since May on $3.6 billion of investments

In wake of Anxin Trust scandal, CBIRC reiterates that companies cannot even imply that clients will get a set return

Asset sale just a drop in the bucket compared with massive debt hole, industry source says

Authorities probe how controlling shareholder Gao Tianguo, with ties to ‘Dazhou gang,’ tapped into investment funds for shadowy loans and projects

President tells investors products maturing this year are unlikely to be repaid in full on time

Chengdu-based firm failed to repay principal and interest on investment products that matured last month

Sichuan Trust says its business is running normally after speculation swirled that regulators were about to take over