China's collective trust products issuance fell 14 percent month on month in November, according to data from China's leading trust industry portal use-trust.com.
Data shows that altogether 51 trust companies issued 426 products valued at 80.8 billion yuan in November, and the average scale of collective trust products amounts to 302 million yuan.
Offering of new collective trusts invested into real estate market showed a downward trend due to the regulator's strict control of real estate market.
The issue value of collective trusts invested into real estate market reached 6.2 billion yuan in November, down nearly 50 percent month on month.
Of the 426 new trusts products set up in November, 79 will be invested into securities market with a fundraising size of 2.026 billion yuan.
Since the beginning of this year, the issuance scale of collective trust products in China come up to 1.2 trillion yuan, according to data.
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