Trust equity frequently listed on the "shelf," with few willing to take over at a discount

Ask AI · Why is trust equity discounted by 50% and still no buyers are stepping in?

【Trust equity frequently goes “on the shelf” with discounts hard to find a buyer for】Caixin/TS 4月8日电: Equity transfers of trust companies are stuck in a “can’t sell even at a discount” predicament. Recently, information from the Beijing Equity Exchange shows that 100% equity of New Era Trust was put up for sale again, with the transfer reserve price cut to 1.19B yuan—about half of the price of the first listing in 2022. At the same time, China Railway Trust’s 0.826% equity was put up again at a lower price for transfer, but no potential transferee has been found. This year, multiple trust companies’ equity has been placed “on the shelf,” yet buyers have been scarce. Industry insiders say that under multiple pressures—tighter industry regulation, risk cleanout, and business transformation—valuation for trust company equity has continued to decline, and institutional buyers’ willingness has generally been lackluster. In the future, the value of trust company equity will be directly tied to factors such as its operating quality and its ability to transform. (Securities Times)