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CHINA PRESS: China is further probing entrusted loans that channeled massive
asset management funds into risky borrowers outside normal markets, Caixin
reported Friday. Security regulators have banned the investment of collective
asset management plans into entrusted loans and other non-standard assets, it
said. These plans are funds managed by brokerages for as much as 200 retail
investors, Caixn cited unidentified sources as saying. (Caixin)