Recently, foreign capital has accelerated the acquisition of trust companies. Why?

Foreign investors are really buying shares in trust companies. For example, JPMorgan Chase recently bought a 9.9% stake in Barry Trust/KLOC-0. But that's all. Foreign capital can't directly own the control right of the trust company, so it can't be fully acquired, and it can only be partially acquired or indirectly held.

Trust companies' profits have increased rapidly in recent years, and their business scope is gradually expanding. At the same time, trust companies have monopoly advantages to some extent, such as regional monopoly. Usually there are only one or two trust companies in a region, and foreign trusts cannot open branches; And industry monopoly is the licensing examination and approval system. It is precisely because of the rapid development of trust industry in China that foreign investors have bought the equity of trust companies.