In the first week of 2019, a total of 22 trust companies issued 58 collective trust products, and the number of issuances decreased by 11 from the previous quarter. The decrease was 15.94%. The scale of the issuance of trust products and the increase in raised funds showed a double decline. According to industry insiders, the rise in trust benefits in 2019 is difficult to maintain.
The data shows that a total of 22 trust companies have issued 58 collective trust products, and the number of issuances has decreased by 11 from the previous month, a decrease of 15.94%. Among the 58 newly issued products, 50 products announced the scale of the fundraising. The average planned fundraising scale was 299 million yuan, an increase of 38 million yuan from the previous week, an increase of 14.56%. The total amount of trust product offerings issued this week was 14.958 billion yuan, a decrease of 160 million yuan from the previous month, a decrease of 1.06%.
The largest product to be raised this week is the “Puhui No. 3 Gitzo Consumer Finance Collective Fund Trust Plan (Phase II)” issued by China Communications, which is a financial institution product with a scale of 1.99 billion yuan.
With the advent of 2019, the rise in the proceeds of the collective trust is considered to be difficult or unsustainable. In fact, from the statistics of the benefit trust, from November 2018, the average annualized return rate of the collective trust products showed signs of shock convergence around 8.5%. Near the end of the year, the average annualized rate of return of the collective trust products showed certain signs of peaking, and there was a slight decline. Mainly the central bank’s recent actions, the marketCash flowThe dynamics remained at a reasonable level, and there was no obvious tightening. As time went by, the tension of private enterprises was expected to ease. In this case, the overall high return of the trust industry may end in 2019.
(Article source: cover news)