What are the more famous trust companies?

The famous trust companies are: 1. Ping An Trust; 2. Chongqing Trust; 3. CITIC Trust; 4. Huaneng Trust; 5. Jianxin Trust; 6. Everbright Trust; 7. Minmetals Trust, etc. Trust is a process of helping others to supervise personal property after being entrusted by others. It is produced with the rapid development of market economy. Trust business mainly includes authorization and agency. The former means that the owner of an asset gives the property to others for the benefit of himself or his designee, and requires proper management and favorable operation for a certain purpose; The latter refers to some economic affairs that one party authorizes the other to handle on its behalf.

What are the more famous trust companies?

Trust involves three parties: the principal, the trustee and the beneficiary. The person who assigns the property right, that is, the owner of the original property, is the principal; The person entrusted with the management and operation of property is the trustee; The beneficiary is the person who enjoys the property interest. There are only 68 trust companies in China, which, together with banks, insurance and securities, are the four major financial institutions in the country. Trust companies and banks are supervised by CBRC, securities by CSRC and insurance by CIRC. Trust companies have financial licenses, and most domestic trust companies are state-owned.