Trust Equity Frequently Put on the "Shelf", Hard to Find Takers Even at a Discount

Recently, information from the Beijing Property Rights Exchange showed that 100% equity of New Era Trust was listed again, with the transfer reserve price lowered to 1.185 billion yuan, only about 50% of the initial listing price in 2022. At the same time, 0.826% equity of China Railway Trust was once again listed for transfer at a reduced price, yet no intended transferee has been found. Since the beginning of this year, equity of several trust companies has been put on the "shelf", but there are few takers. Industry insiders stated that under multiple pressures such as tightened industry regulation, risk clearance, and business transformation, the valuation of trust company equity has continued to decline, and institutional willingness to take over is generally sluggish. In the future, the equity value of trust companies will be directly linked to factors such as their operational quality and transformation capabilities. (China Securities Journal)