今日，国家金融监督管理总局大连监管局下发《关于同意华信信托股份有限公司破产的批复》， 标志着监管正式同意华信信托进入破产程 序。 据悉，华信信托的风险处置工作已持续5年半，终于又迎来了新进展。 数据来源：国家金融监督管理总局大连监管局官网 2020年4月，华信信托被监管叫停"资金池"业务，同年9月多只产品延期。 今年8月14日，华信信托官网发布《关于收购个人投资者信托受益权的公告》，称大连安鼎企业管理有限公司（以下简称"大连安鼎"）将于 2025年9月25日前收购符合资格的个人投资者的信托受益权，适格签约主体为持有华信信托发行的集合资金信托计划（华冠系列、华悦系 列以及悦盈稳健增长72号定向发行部分信托计划）受益权份额的个人投资者。 公开资料显示， 大连安鼎成立于2025年7月31日，股东为大连市国有金融资本管理运营有限公司，实控人为大连市财政局，经营范围为企 业管理等。这家地方国资在成立半个月后，正式参与华信信托的风险处置。 9月16日，华信信托发公告称签约工作进展顺利，已临近尾声。 9月24日，大连安鼎发公告，称与安鼎公司签订信托受益权转让合同的个人投资者人数已达3004人，整体签约率达到95.5%，意味 ...

（文章来源：每日经济新闻） 11月28日，国家金融监督管理总局大连监管局网站发布关于同意华信信托股份有限公司破产的批复，公 司《华信信托股份有限公司关于申请破产重整的请示》收悉，同意华信信托依法进入破产程序。华信信 托应严格按照有关法律法规要求开展后续工作，如遇重大情况，及时向国家金融监督管理总局大连监管 局报告。 ...

北京商报讯（记者 刘四红）11月28日，最高人民法院、最高人民检察院联合发布依法惩治金融领域职 务犯罪典型案例。 三是注重多领域覆盖。本批案例既有金融监管领域腐败案件，也有银行、信托等领域职务犯罪案件，体 现了司法机关依法惩处金融各领域、各环节职务犯罪及关联犯罪的鲜明态度。 二是精准惩治新型隐性腐败。黄某受贿案，被告人以加入某公司获取"劳动报酬"的方式收受贿赂，是新 型受贿政商"旋转门"的典型表现形式。李某、徐某受贿案，被告人在未实际出资的情况下，与请托 人"合作经营"公司，以分配利润的方式收受贿赂，是隐性腐败的典型表现形式。司法机关穿透新型隐性 腐败的"面纱"，依法对被告人判处刑罚，让新型腐败不"新"、隐性腐败难"隐"，精准有力予以惩处。 本次发布的典型案例，具有以下三个方面特点：一是坚持依法从严惩处。刘某受贿、利用影响力受贿 案，被告人受贿1.5亿余元，利用影响力受贿3700万余元，造成巨额贷款无法收回。吴某受贿、挪用公 款、违法发放贷款、违规出具金融票证案，被告人受贿2.75亿余元、挪用公款5.08亿余元。两案被告人 均被依法判处死缓，终身监禁，彰显了司法机关依法从严惩治金融领域职务犯罪的鲜明立场。 ...

公开资料显示，华宸未来基金由华宸信托、韩国未来资产基金管理公司、咸阳长涛电子科技有限公司三家单位共同发起设立。公司于2012年3月21日获得中 国证监会批文。公司办公地点设在上海，注册资本2亿元人民币。 另据数据统计显示，华宸未来基金旗下仅2只基金，整体规模不租2亿元，基金经理3位。 （内蒙古股权交易中心） 内蒙古股权交易中心公布相关项目信息显示，华宸信托有限责任公司拟以1720万元挂牌价，转让华宸未来基金管理有限公司40%股权；该项目挂牌起始日期 为2025年11月24日，2025年12月19日挂牌截止。 公告还显示，2024年，华宸未来基金录得营收401.18万元，净亏损2001.14万元；2025年三季度，华宸未来基金净利润亏损1140.35万元，所有者权益 为-388.63万元。 | | 最近一个年度审计数据单位:万元 | 营业收入 | 利润总额 | | --- | --- | --- | --- | | | 2024年度 | 401.18 | -2001.14 | | | | 资产总额 | 负债总额 | | | | 7750.27 | 6998.55 | | 主要财务数据 指标 | 审计机构名称 | ...

"信托服务与养老产业深度融合，是未来信托行业回归本源、服务实体经济的重要战略方向，对做好养 老金融大文章具有积极意义。"蔡概表示。 面对银发经济蓝海，已有信托公司深度整合金融资源与品质养老服务。近日，平安信托创新打造"保险 +信托+养老服务"的全新养老服务信托生态模式，以破解中国式养老资金管理、服务支付、财富传承等 核心难题。 《中国银发经济发展报告（2024）》显示，目前我国银发经济规模在7万亿元左右，到2035年，银发经 济规模有望达到30万亿元。当前，新长者对养老生活的需求已从"老有所养"升级为"老有所享"，更注重 归属感、安全感与价值感。 巨大的银发市场规模正在重塑养老金融市场格局，在此背景下，如何深耕养老服务蓝海，满足老年人对 高品质养老的需求？ "我国人口老龄化正在步入'三个前所未有'的阶段。老年人口的数量前所未有地多、老年人掌握的财富 前所未有地多、老年人的养老金融需求前所未有地高。"11月27日，中国信托业协会首席经济学家蔡概 还在平安信托养老服务信托生态整合升级仪式上表示，养老金融需求不断提高，老年人希望能够妥善管 理自己掌握的财富，让这些财富能够保障自己的晚年生活，实现家族财富有序传承。 ...

Core Insights - The conference focused on revitalizing state-owned assets in Shanghai, aiming to enhance the quality and efficiency of these assets through collaboration and strategic partnerships [1][2] Group 1: Conference Overview - The Shanghai State-Owned Asset Project Promotion Conference was held on November 26, 2025, emphasizing the theme of "Revitalization of Stock Assets and Value Discovery" [1] - The event served as a high-end platform for policy interpretation, problem discussion, experience sharing, and project matching [1] Group 2: Company Involvement - Jianyuan Trust participated as a financial institution representative, with its chairman, Qin Yi, signing a strategic cooperation agreement with Shanghai Guosheng Group [1] - Vice President Li Lin delivered a key speech on the role of trust tools in revitalizing stock assets and shared Jianyuan Trust's practical achievements [1] Group 3: Service Model and Strategies - Jianyuan Trust has developed a systematic service model in the field of stock asset revitalization, focusing on four main areas: 1. Diversified financing methods to address special funding needs of enterprises [2] 2. Asset securitization to promote asset revitalization, including participation in pre-REITs investments and CMBS issuance [2] 3. Customized solutions to alleviate financial reporting pressures and enhance capital turnover [2] 4. Management and disposal of non-performing assets through trust establishment for professional management and value enhancement [2] Group 4: Future Outlook - The Shanghai State-Owned Assets Supervision and Administration Commission emphasized that revitalizing stock assets is essential for deepening state-owned enterprise reform and optimizing the layout of state-owned economy [2] - Jianyuan Trust aims to leverage its unique advantages in the trust system and its expertise in special assets to contribute to the high-quality development of the real economy and the revitalization of Shanghai's stock assets [2]

Group 1: Report Summary - The report focuses on the enterprise asset-backed securities (ABS) products in October 2025, covering issuance, filing, secondary market trading, and maturity situations [4]. Group 2: Industry Investment Rating - There is no information about the industry investment rating provided in the report. Group 3: Core Viewpoints - In October 2025, the issuance scale of enterprise ABS shrank month - on - month, the downward trend of financing cost slowed, the secondary market activity decreased month - on - month but still showed an upward trend year - on - year [4]. Group 4: Issuance Situation - In October 2025, 105 enterprise ABS were issued, with a total scale of 95.087 billion yuan. The number decreased by 85 and the scale dropped by 42.19% month - on - month, while the number increased by 10 and the scale rose by 21.47% year - on - year [4][5]. - The top five original equity holders in terms of issuance scale were China Pacific Life Insurance Co., Ltd., Huaneng Guocheng Trust Co., Ltd., China CITIC Financial Asset Management Co., Ltd., Shenzhen Zhongrong Micro - loan Co., Ltd., and China Foreign Economic and Trade Trust Co., Ltd., with a total scale of 25.375 billion yuan, accounting for 26.69% [6]. - The top five managers in terms of new management scale were CITIC Securities Co., Ltd., CITIC Construction Investment Securities Co., Ltd., Huatai Securities (Shanghai) Asset Management Co., Ltd., Ping An Securities Co., Ltd., and Shanghai Guotai Haitong Securities Asset Management Co., Ltd., with a total scale of 56.361 billion yuan, accounting for 59.27% [6]. - The underlying asset types mainly included personal consumer finance, enterprise financial leasing, accounts receivable, micro - loans, and policy - pledged loans [4]. - The interest rate center of AAAsf - rated securities with a maturity of about one year was approximately between 1.80% - 2.00%, with the median unchanged month - on - month and a year - on - year decrease of about 47BP [4]. Group 5: Filing Situation - In October 2025, 130 enterprise ABS were filed with the Asset Management Association of China, with a total scale of 135.031 billion yuan [4][22]. Group 6: Secondary Market Trading Situation - In October 2025, there were 3,463 transactions of enterprise ABS in the exchange market, with a total turnover of 81.889 billion yuan. The number of transactions decreased by 549 month - on - month and increased by 659 year - on - year, and the turnover decreased by 23.47% month - on - month and increased by 34.63% year - on - year [4][23]. - The more active underlying asset types in the secondary market were REIT - like products, accounts receivable, CMBS, personal consumer finance, and enterprise financial leasing, with turnover accounting for 29.56%, 12.71%, 11.51%, 11.13%, and 8.52% respectively [23]. Group 7: Maturity Situation - In November 2025, 387 outstanding enterprise ABS were due, with a total scale of 91.943 billion yuan [4][25]. - The main underlying asset types of the due ABS were accounts receivable, supply chain, personal consumer finance, and policy - pledged loans, with due scales accounting for 44.48%, 22.92%, 9.45%, and 4.89% respectively [25]. - The top three original equity holders in terms of due scale were China Railway Capital Co., Ltd., China Railway Construction Commercial Factoring Co., Ltd., and Shenzhen Qianhai Lianyirong Commercial Factoring Co., Ltd., with due scales accounting for 15.37%, 7.53%, and 5.57% respectively [25].

"两高"发布案例时更明确，各级法院、检察院要始终保持惩治腐败犯罪的高压态势，加大对金融领域职 务犯罪的惩治力度，强化系统施治、标本兼治，在铲除金融腐败滋生土壤和条件上持续发力。(完) 来源：中国新闻网 中国"两高"发布案例 加大力度惩治金融领域职务犯罪 中新社北京11月28日电 (记者 张素)被告人刘某受贿1.5亿余元(人民币，下同)，利用影响力受贿3700万 余元，造成巨额贷款无法收回。被告人吴某系某国有出资银行行长，触犯多个罪名。两案被告人均被依 法判处死缓，终身监禁。 中国最高人民法院、最高人民检察院28日联合发布依法惩治金融领域职务犯罪典型案例。其中，"刘某 受贿、利用影响力受贿案""吴某受贿、挪用公款、违法发放贷款、违规出具金融票证案"彰显司法机关 依法从严惩治金融领域职务犯罪的鲜明立场。 近年来，各地法院、检察院充分发挥职能作用，进一步巩固从严整治金融领域腐败犯罪的成果。本批案 例既有金融监管领域腐败案件，也有银行、信托等领域职务犯罪案件。 这批案例特点还在于司法机关精准惩治新型隐性腐败。如在"黄某受贿案"中，被告人以加入某公司获 取"劳动报酬"的方式收受贿赂，是新型受贿政商"旋转门"的典型表现形 ...

二是精准惩治新型隐性腐败。黄某受贿案，被告人以加入某公司获取"劳动报酬"的方式收受贿赂，是新 型受贿政商"旋转门"的典型表现形式。李某、徐某受贿案，被告人在未实际出资的情况下，与请托 人"合作经营"公司，以分配利润的方式收受贿赂，是隐性腐败的典型表现形式。司法机关穿透新型隐性 腐败的"面纱"，依法对被告人判处刑罚，让新型腐败不"新"、隐性腐败难"隐"，精准有力予以惩处。 为充分发挥典型案例教育、警示、震慑作用，最高人民法院、最高人民检察院联合发布6件依法惩治金 融领域职务犯罪典型案例。本次发布的典型案例，具有以下三个方面特点： 本报讯(记者吴晓璐)据最高人民检察院11月28日消息，最高人民法院、最高人民检察院(以下简称"两 高")联合发布6件依法惩治金融领域职务犯罪典型案例。 三是注重多领域覆盖。本批案例既有金融监管领域腐败案件，也有银行、信托等领域职务犯罪案件，体 现了司法机关依法惩处金融各领域、各环节职务犯罪及关联犯罪的鲜明态度。 金融是国民经济的血脉，金融安全是国家安全的重要组成部分。金融领域职务犯罪不仅直接侵害职务行 为廉洁性，而且严重破坏金融秩序、危害金融安全。 一是坚持依法从严惩处。刘某受贿、利用 ...

Group 1 - The core viewpoint of the news is the successful launch of Tianjin's first state-owned enterprise data asset trust project, which aims to capitalize on data assets and contribute to the enhancement of state-owned capital [1] - The project is a collaboration between Tianjin Public Transport Group, Northern International Trust, and Tianjin Data Asset Registration and Evaluation Center, guided by the Tianjin Data Bureau [1] - Tianjin Public Transport has transformed its operational data into measurable, tradable, and value-added assets, including the introduction of a free "driverless bus route" for citizens [1] Group 2 - Northern Trust aims to align its services with national strategies, focusing on the coordinated development of the Beijing-Tianjin-Hebei region while adhering to values of integrity, prudence, professionalism, diligence, compliance, and service [2] - The strategic goal of Northern Trust is to become a high-quality, sustainable regional trust company, emphasizing technology finance applications and integrating quality resources from traditional industries [2] - The project provides a complete path for data asset confirmation, evaluation, and transformation, facilitating the activation of vast data resources for state-owned enterprises in Tianjin [1]