(Beijing Comprehensive News) Chinese official media avoid reporting the turbulence of the largest asset management company in China, highlighting the official concerns about the spread of economic risks.
Bloomberg reported that after the overdue of China Rong Trust under the China -planting Enterprise Group, only the China Real Estate Newspaper and a few media reported that the management of this manager of about 1 trillion yuan (RMB, 186.295 millionXinyuan, the same) financial group.
Financial commentators and amateur authors have been discussing the risk of "Zhongzhi" in social media in the past six months, but some official media only reported that Zhongrong Trust has overdue overdue.
Bloomberg analyzed that the media's low -key treatment of Zhongzhi reflects the sensitivity of financial risks.At the same time, the China Financial Supervision Bureau has set up a working group to evaluate the risk of Zhongrong Trust last month, which also shows that the regulatory level is highly alert to the current situation in China.
At present, three listed companies have stated that Zhongrong Trust failed to pay the principal and income of the trust product on schedule, with an overdue amount of nearly 100 million yuan.There are rumors that Zhongrong Trust has defaulted because of a liquidity crisis in Zhongzhi, and many wealth and asset management companies under Zhongzhi also caused the market to worry that other trusts and wealth management products will also default.
