CBIRC solicits public opinions on the provisional rules on fund trust of trust companies

Four hundred and thirty-one product had strike dates in May, according to the SRP China Database. Both issuance and sales were slightly down on the previous month when 537 products with combined sales of CNY61.52 billion (US$8.5 billion) struck. Some 433 products matured during the month, releasing CNY45.6 billion back onto the market for reinvestment. The China Banking and Insurance Regulatory Commission (CBIRC) has launched a consultation on the regulation of the fund trust business of trus

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