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Missed payments by China s Zhongzhi hit listed companies

HONG KONG The failure of one of China's largest trust companies to pay interest on its investment products has hit the books of at least six listed…

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HONG KONG The failure of one of China's largest trust companies to pay interest on its investment products has hit the books of at least six listed

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Deepening problems for the Chinese financial system

The pickup in the Chinese property market at the start of the year, following the lifting of COVID public health measures, has been short-lived with a major property developer missing an interest payment on a debt.

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Concern over Chinese trust company s missed payments | China Economic Review

Entities linked to Chinese conglomerate Zhongzhi have failed to make payments, multiple investors have said, sparking concern over the country’s wealth management industry and its exposure to a troubled property market, reports the Financial Times. Beijing-based Zhongzhi, which was founded in 1995, has grown into a sprawling private enterprise with stakes in everything from financial…

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China trust company reportedly skips payment | International Adviser

China trust company reportedly skips payment | International Adviser
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