Fundraising by China property trust products slump amid Evergrande woes - media
Newly-launched real estate trust products raised 16.2 billion yuan from investors in September, down 44.8% from the previous month, the newspaper said
Evergrande`s financial woes deepened in September, as the developer, wrestling with debts of more than $300 billion, missed payments on wealth management products, commercial bills and dollar bonds. Source: Reuters