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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • J.P. Morgan To Acquire A 19.9% Stake In Bridge Trust 0 comments
    Mar 22, 2012 3:21 AM
    Source: National Business Daily, ChinaScope Financial (Data)

    + It was reported on March 21 that J.P. Morgan has submitted a proposal to regulators regarding the acquisition of a 19.9% stake in Bridge Trust Co., Ltd. The proposal is expected to be approved in the second quarter at the earliest.

    + So far, Bridge Trust has issued more than 300 trust products, with a value of CNY 50 billion, and returns to investors of CNY 3 billion. All the matured trust products have been cleared in time, with 100% principal and interest payments.

    Summary of Bridge Trust's Business

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