CBRC interviews some trust companies.

Control the increment and growth rate of real estate trust

Guangzhou Daily News (all-media reporter Ni Ming) Recently, the China Banking Regulatory Commission (CBRC) issued an interview warning to some trust companies whose real estate trust business grew too fast. China Banking Regulatory Commission put forward five requirements for these trust companies: they are required to enhance their overall awareness, strictly implement the general requirement of "housing and not speculating", and strictly implement the real estate market regulation policy and the current real estate trust supervision requirements.

The relevant person in charge of the China Banking Regulatory Commission stressed that in the future, the China Banking Regulatory Commission will take warning and guidance to trust companies as a normal work, and timely carry out policy notifications according to the development and changes of the real estate market to promote the steady development of trust companies along the right track.

A number of insiders told reporters that after the publication of Circular 23, a number of trust companies recently received guidance from the banking supervision window, demanding to control the scale of real estate trust business. Companies receive different regulatory requirements, some require "consciously controlling the scale of real estate trust business", some require that the scale of real estate trust business should not exceed the end of the second quarter at the end of the third quarter, and some even require "completely suspending real estate trust business". A person in charge of the relevant business of a small and medium-sized trust company said, "The company has not received similar window guidance, but it does not rule out that the number of companies receiving similar window guidance will continue to increase."

A trust industry insider in Guangzhou said that the real estate business is still the focus of efforts this year, but it is more cautious in the choice of counterparties. Most trust companies require cooperation with real estate companies with sales before 100, and some trust companies even raise the standard to the top 50.

In this regard, Yuan Jiwei, a senior researcher in the trust industry, believes that some housing enterprises involved in private lending and high-interest lending should be highly concerned, indicating that their financing channels are limited and the capital chain is already tight. "On the one hand, it is more important for trust companies to optimize their counterparties, and it is more important to predict industry trends and adjust trading strategies according to industry trends."