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- Kunming_Trust abstract "Kunming International Trust Co, established in 1993, is a Chinese trust company based in Kunming, Yunnan. It is a relatively small firm in China which has several billion yuan (several hundred million dollars) of assets under management but is the largest in the southwest province of Yunnan. Kunming Trust is currently controlled by the financial authority of the Kunming municipal government, which has agreed to clear the trust firm's debt. Since 2006 Kunming Trust has been one of many to be targeted by the financial authorities to bolster China's trust companies, which were hit over the past decade by a series of bankruptcies and scandals.Kunming Trust was ordered by China's central bank to carry out an internal overhaul after its operations ran into trouble, due partly to failed investments early this decade that involved the misuse of clients' assets, according to reports in China's official media.In July 2008, the Australian bank Macquarie Group planned to buy just under 20 percent of Kunming Trust. After spending over a year in negotiations, Macquarie is expected to hold management control and have the right to appoint senior executives at Kunming Trust, and it will work with other new domestic investors to restructure the firm.".
- Kunming_Trust wikiPageExternalLink idUKSHA33410520080702.
- Kunming_Trust wikiPageID "18247000".
- Kunming_Trust wikiPageRevisionID "521925382".
- Kunming_Trust hasPhotoCollection Kunming_Trust.
- Kunming_Trust subject Category:Companies_based_in_Yunnan.
- Kunming_Trust subject Category:Companies_established_in_1993.
- Kunming_Trust subject Category:Financial_services_companies_of_China.
- Kunming_Trust type Abstraction100002137.
- Kunming_Trust type CompaniesBasedInYunnan.
- Kunming_Trust type CompaniesEstablishedIn1993.
- Kunming_Trust type Company108058098.
- Kunming_Trust type FinancialServicesCompaniesOfThePeople'sRepublicOfChina.
- Kunming_Trust type Group100031264.
- Kunming_Trust type Institution108053576.
- Kunming_Trust type Organization108008335.
- Kunming_Trust type SocialGroup107950920.
- Kunming_Trust type YagoLegalActor.
- Kunming_Trust type YagoLegalActorGeo.
- Kunming_Trust type YagoPermanentlyLocatedEntity.
- Kunming_Trust comment "Kunming International Trust Co, established in 1993, is a Chinese trust company based in Kunming, Yunnan. It is a relatively small firm in China which has several billion yuan (several hundred million dollars) of assets under management but is the largest in the southwest province of Yunnan. Kunming Trust is currently controlled by the financial authority of the Kunming municipal government, which has agreed to clear the trust firm's debt.".
- Kunming_Trust label "Kunming Trust".
- Kunming_Trust sameAs m.04ctwzt.
- Kunming_Trust sameAs Q6444897.
- Kunming_Trust sameAs Q6444897.
- Kunming_Trust sameAs Kunming_Trust.
- Kunming_Trust wasDerivedFrom Kunming_Trust?oldid=521925382.
- Kunming_Trust isPrimaryTopicOf Kunming_Trust.