All posts tagged "trust products"
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183ChinaCBIRC Bans Ex-President of Sichuan Trust for 8 Years
Former Sichuan Trust president Chen Jun is being punished for his role in the firm's failure to repay investors about CNY 25 billion.
June 30, 2021 -
155ChinaChinese Police Detain Sichuan Trust Boss Over Missing Funds
Liu Canglong, who controls companies with a majority stake in Sichuan Trust, is being held by the public security bureau in Chengdu.
June 9, 2021 -
2.2KChinaShanghai Police Detain Anxin Trust Controller Over Illegal Loans
Police have detained Anxin Trust's biggest shareholder for lending assets under management in trust products to friends and other associates.
June 12, 2020 -
1.3KChina
CBIRC Penalises Anxin Trust $2mn for Misappropriating Assets
The misappropriation involved the transfer of assets from trust products to company shareholders, and the illegal use of assets to make payments for other products, among other purposes.
April 10, 2020
