Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP
Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP
Property /  Hong Kong & China

Chinese insurers new source of shadow banking loans to developers

Regulator takes action as fund flows to the shadow banking sector reach 280b yuan at end of June, with a third invested in property industry

Langi Chiang
Langi Chiang

Updated: 4:38am, 29 Oct, 2014

Why you can trust SCMP
Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP
Nearly a third of fund flows from insurance firms to trust schemes was invested in property industry in China at the end of June. Photo: AFP
READ FULL ARTICLE