Fifty trust companies reported a combined net profit of RMB 18 billion in the first half of the year, up 12% year-on-year; Wugang Trust's revenue surged twelvefold, and three firms returned to profitability.

① Fifty-two trust companies disclosed their financial data for the first half of 2026. Among the 50 comparable firms, total revenue amounted to RMB 32.177 billion, an increase of 6.11% year-on-year, and net profit totaled RMB 18.042 billion, up 12.12% year-on-year; three companies returned to profitability. ② Industry divergence has intensified, with CITIC Trust ranking first in both revenue and net profit. Leading institutions maintain a competitive edge through diversified business lines and strong shareholder support.

cls.cnJul 23 14:12

The first batch of 18 fund managers to file active ETFs have each showcased their unique strengths—who are the portfolio managers taking the lead?

① In terms of naming, most products focus on themes such as balanced allocation, value investing, or dividend strategies, while others adopt growth-oriented or sector rotation strategies; ② the broker-settlement model has become the dominant operational structure for this batch of products; ③ multiple institutions will continue expanding their product offerings to capture emerging market investment opportunities.

cls.cnJul 17 15:40

Express News | The China Securities Regulatory Commission (CSRC) has received application materials for the first batch of actively managed ETFs.

According to the latest disclosure on the CSRC’s official website, the approval status for the first batch of actively managed ETFs is now shown as 'materials received,' and the names of the initial products have also been disclosed. These include: Jianxin Competitive Advantage Actively Managed ETF, Guotai Xinhui Balanced Return Actively Managed ETF, Huabao Preferred Stable Equity Actively Managed ETF, ICBC Credit Suisse Dividend Actively Managed ETF, Da Cheng Dividend Smart Selection Actively Managed ETF, ChinaAMC Large-Cap Style Allocation Actively Managed ETF, Penghua Value Select Actively Managed ETF, Fullgoal Value Preferred Actively Managed ETF, China Merchants Value Smart Selection Actively Managed ETF, Huatai-Peirui Value Select Actively Managed ETF, Tianhong Balanced Preferred Actively Managed ETF,华夏 Quality Value Select Actively Managed ETF, Huaan Quality Select Actively Managed ETF, Yongying Cyclical Select Actively Managed ETF, Harvest Balanced Strategy Actively Managed ETF, E Fund Quality Future Actively Managed ETF, Ping An Sector Preferred Actively Managed ETF, and JPMorgan Core Growth Actively Managed ETF. Judging from their names, most are balanced-style products, although a few focus specifically on growth-oriented sectors.

BreakingsJul 17 11:55

Which mutual fund firms are aggressively poaching top talent? Fund managers are no longer switching jobs based solely on compensation.

① Leading asset management firms are intensifying efforts to recruit in-house talent, while some bank-affiliated and smaller asset managers face mounting pressure from talent attrition; ② Compensation is no longer the sole factor guiding fund managers’ choice of employer—platform strength, investment research capabilities, and career development opportunities are increasingly becoming central considerations in their job transitions.

cls.cnJun 2 12:23