The scale of trust assets is approaching 30 trillion yuan, with nearly 1 trillion yuan of funds from trusts invested in securities.
According to the latest data released by the China Trust Association, as of the end of 2024, the total assets managed by 67 trust companies nationwide have reached 29.56 trillion yuan, a year-on-year increase of 23.58%. However, despite a growth of 8.89% in operating income last year, profits further decreased by 45.52% to 230.87 billion yuan, nearly halving. 2024 is the first full year of implementation of the new "three-category" regulations for trusts. At the "Analysis of the Development of China's Trust Industry in 2024" press conference held on June 3, Yin Xingmin, director of Fudan University Trust Research Center, stated that the scale of trust assets approaching 30 trillion yuan reflects the positive adjustments made by the industry under the new regulations, but the change in operating performance also indicates the need for new revenue and profit drivers in the industry. In terms of the direction of funds in trusts, by the end of 2024, the scale of funds in trusts directed towards the securities market has exceeded 10 trillion yuan, a year-on-year increase of nearly 30%, with funds in the bond sector accounting for over 40%.
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