Banks' entrusted investment.............>

CHINA PRESS: Banks' entrusted investment businesses are expected to rebound as

the correction in the bond market is approaching an end, the Financial News, a

journal run by the People's Bank of China, reported Monday. Since September,

bond funds have seen healthy growth compared with the sluggish performance in

previous months this year, particularly the public offerings of funds backed by

banks, the report said. The increase is partially due to some funds' trying to

expand business at the end of year. In the past year, banks cut bank their

entrusted investment businesses under pressure from stricter regulation and a

weak bond market, the report noted, adding some small- and medium-sized banks

even suspended their entrusted investment businesses. (Financial News)