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China property developers tap trust firms - Fund research firm

Posted on 10 August 2010

From Dow Jones: China’s property developers are increasingly tapping trust firms for capital, but the government may shortly clamp down on such funding, Noah Private Wealth Management, a firm that tracks Chinese fund allocation, said in a research note.
Chinese trust firms invested CNY80.2 billion in the property sector in the second quarter, 34.1% more than a year earlier, Noah Private said in the note last week……………………………………….Full Article: Source

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