• 11/26/2024

Chinese trust firm clients say Zhongrong International Trust delayed wealth product payout

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Two clients of Zhongrong International Trust said the firm delayed payment of maturing wealth products amid reports of liquidity concerns at major shareholder Zhongzhi Enterprise Group.

https://www.scmp.com/business/china-business/article/3230944/chinese-trust-firm-clients-say-zhongrong-international-trust-delayed-wealth-product-payout?utm_source=rss_feed