Driven by multiple factors such as strict industry supervision and transformation needs, the popularity of China's trust industry licenses is clearly divided. On the one hand, shares in trust companies, including Cedar Trust and New Era Trust, were auctioned off, and there was even an embarrassing situation where no one paid attention to many discounts; on the other hand, shareholders of some trust companies increased their capital in reverse. Since this year, shareholders of many trust companies, including Zijin Trust, Xiamen Trust, and Aijian Trust, have made up for their “capital increases.” In response, industry experts said that the trust industry is currently in a critical period of business transformation, and the overall equity valuation of trust companies has declined, and it may be difficult to reverse this trend in the short term. However, in the long run, trusts still have the unique advantage of operating across markets, and the future industry will focus on refined asset management services.

Driven by multiple factors such as strict industry supervision and transformation needs, the popularity of China's trust industry licenses is clearly divided. On the one hand, shares in trust companies, including Cedar Trust and New Era Trust, were auctioned off, and there was even an embarrassing situation where no one paid attention to many discounts; on the other hand, shareholders of some trust companies increased their capital in reverse. Since this year, shareholders of many trust companies, including Zijin Trust, Xiamen Trust, and Aijian Trust, have made up for their “capital increases.” In response, industry experts said that the trust industry is currently in a critical period of business transformation, and the overall equity valuation of trust companies has declined, and it may be difficult to reverse this trend in the short term. However, in the long run, trusts still have the unique advantage of operating across markets, and the future industry will focus on refined asset management services.