Professor Zhang Haiyun from the w88 casino of Finance of w88 casino was invited by China News Network to speak at2014Year3month19Sunday afternoon14:30commented on the trust redemption crisis in the "Wealth Peak Talk" program.
In recent years, China’s trust industry has developed rapidly,2009years, consecutively4Year remains at50%The above year-on-year growth rate. According to the China Trust Industry Association,2013The total scale of my country’s trust industry assets reached a record high again, reaching10.91Trillion yuan, year-on-year growth46%. However, behind the rapid expansion of trust industry assets, risks are also accumulating and becoming more prominent. Enter20149896_991830The aftermath of the billion-yuan trust product redemption crisis is not over yet, Jilin Trust is about to10The 100-million-yuan trust product has once again been overdue and unpaid, and China Resources Trust's stable interest series collective trust products have also suffered significant losses in principal. What is the reason for the recent frequent redemption crises in the trust industry? How should investors prevent risks and avoid pitfalls when purchasing trust products? What will be the development prospects and future regulatory trends of the trust industry? Professor Zhang Haiyun commented on these issues.
Regarding how to assess and identify the risks of trust products, Professor Zhang Haiyun discussed various aspects such as the investment industry, underlying projects, and product structures; regarding how to improve the anti-risk function of trust products from the product design, Professor Zhang Haiyun believed that a major flaw of many existing trust products is that there is a strong positive correlation between the collateral used as credit enhancement support and the source of repayment. This kind of Risk resonance has greatly reduced the earthquake resistance of trust products and is in urgent need of improvement. Regarding how to optimize investment after the rigid redemption is broken, Professor Zhang Haiyun believes that investors need to clarify their own investment needs and risk tolerance, deeply understand the risk-return characteristics of investment products, act within their capabilities, make reasonable and balanced allocations among different asset classes, and adjust investment allocations according to different development stages of age, family, and career.
