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China Ping An Insurance Subsidiary Ping An Trust Wins $107 Million Shenzhen Court Ruling Against China Developer Zhenro Properties to Recover the Funds, Ping An Insurance Subsidiary Had Failed to Repay $107 Million Trust Product Funing 516 Trust Plan Due to Property Market Crisis, Had Sued China Developer Zhenro Properties to Recover the Funds, Funing 516 Trust Plan was Launched in 2021 September & Maturity Date is 29th March 2024

28th April 2024 | Hong Kong

China Ping An Insurance subsidiary Ping An Trust has won the $107 million Shenzhen court ruling against China developer Zhenro Properties to recover the funds.  In early April 2024, China Ping An Insurance subsidiary (Ping An Trust) had failed to repay $107 million in trust product Funing 516 Trust Plan due to China property market crisis, and Ping An Insurance had sued China developer Zhenro Properties to recover the funds.  Funing 516 Trust Plan was launched in 2021 September & the maturity date is 29th March 2024.

“ China Ping An Insurance Subsidiary Ping An Trust Wins $107 Million Shenzhen Court Ruling Against China Developer Zhenro Properties to Recover the Funds, Ping An Insurance Subsidiary Had Failed to Repay $107 Million Trust Product Funing 516 Trust Plan Due to Property Market Crisis, Had Sued China Developer Zhenro Properties to Recover the Funds, Funing 516 Trust Plan was Launched in 2021 September & Maturity Date is 29th March 2024 “

 



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China Ping An Insurance Subsidiary Fails to Repay $107 Million Trust Product Funing 516 Trust Plan Due to Property Market Crisis, Sues China Developer Zhenro Properties to Recover the Funds, Funing 516 Trust Plan was Launched in 2021 September & Maturity Date is 29th March 2024

12th April 2024 – China Ping An Insurance subsidiary has failed to repay $107 million in trust product Funing 516 Trust Plan due to China property market crisis.  Ping An Insurance has sued China developer Zhenro Properties to recover the funds.  Funing 516 Trust Plan was launched in 2021 September & the maturity date is 29th March 2024

 

 

China Ping An Insurance Subsidiary Fails to Repay $107 Million Trust Product Funing 516 Trust Plan Due to Property Market Crisis, Sues China Developer Zhenro Properties to Recover the Funds, Funing 516 Trust Plan was Launched in 2021 September & Maturity Date is 29th March 2024

Shanghai Pudong City | Leading Financial Centre in Asia



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