News Snapshot:
Leading Chinese trust company China Everbright Trust was suspended from the financing trust business because its nonstandard credit business in the fi" onclick="javascript:window.open(this.href, '_blank', 'menubar=no,toolbar=no,resizable=no,scrollbars=no,height=455,width=600');return false;" > Share Leading Chinese trust company China Everbright Trust was suspended from the financing trust business because its nonstandard credit business in the first half of 2020 exceeded a regulatory limit, reported Caixin . Everbright Trust denied such a suspension, but some of its clients turned to other trust companies saying Everbright cannot fulfill its contracts, according to a Shanghai trust firm. In addition, Ever-bright applied to regulators Friday for a financing trust product...
