Logo 24 Aug 2023

What we do in the shadows: Our best guess as to why Zhongzhi is in distress

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

To view this note as a PDF, click here.
On August 14, Bloomberg reported that the National Financial Regulatory Administration (NFRA) – China's newly created financial regulator – set up a task force to deal with problems at Zhongzhi Enterprise Group, a private wealth manager.
Zhongzhi is hardly kno...



More recent developments

Logo June 1, 2025
Breakdown | The weekly recap

It’s been less than three weeks since the US and China announced a 90-day tariff de-escalation – and already the détente appears to be breaking down before our eyes. At issue: Both sides are already accusing each other of not… Read More »

Logo May 22, 2025
Property roundup: Property sector recovery remains elusive

To view the roundup as a pdf, click here. The rundown Despite promising signs in late 2024, a rebound in China’s property sector has slipped out of sight. Official data on the sector, published earlier this week, point to a… Read More »

Logo May 20, 2025
Macro wrap: China’s economy powers through April

To read this macro wrap as a PDF, click here. Exec sum China’s economy carried its solid March momentum into April, beating expectations across the board. Exports were the clear standout in April’s data. Despite contending with an unprecedented 145% tariff… Read More »