Did Zhong Qinhao not set up a family trust in HSBC Hong Kong? Lawyer: There may be paths such as corporate establishment, indirect establishment, and third party establishment.

On July 17th, it was learned from a source close to HSBC that Zong Qinghou, the founder of Hangzhou Wahaha Group Co., Ltd, did not set up a trust in his personal name at HSBC in Hong Kong. Has the so-called "trust dispute" taken a turn? Chen Liya, a senior partner at Zhi Gao Law Firm, director of Zhi Gao Family Office Committee, and director of Zhi Gao Wealth Inheritance Center, analyzed to reporters that there may be indirect establishment, third-party establishment and other paths; the key is to see who is the settlor in the trust agreement; whether the trust structure hides identity through corporate penetration; whether HSBC is the trustee or just an account custodian.