SHANGHAI (Reuters – Fundraising using Chinese property trust products plunged more than 40% in September compared to a month prior, Shanghai Securities News reported Monday. The report was made as China Evergrande Group’s problems further reduce investor interest in the troubled sector.

The September launch of new real estate trust products was 44.8% lower than the previous month. This is according to data from Usetrust, an investment advisory firm. This follows an August decline of 24% and July fall of 25%.

Evergrande’s financial problems grew in September as Evergrande, a developer with more than $300 Billion of debts, failed payments on wealth management products and commercial bills, and dollar bonds, became even worse.

Chinese developers already face difficulties due to government lending restrictions and the rising cost of bond issuance. An ever shrinking property trust market could make it harder to fund a sector with slower home sales.

The Shanghai Securities News reported that trust products which funnel money to capital markets experienced a rise in popularity, and increased fundraising.