Monday, March 8, 2021
Tags Chinese wealth management products

Tag: Chinese wealth management products

Wealth Management Products Bring $154.5 Billion in Returns to Chinese Investors in 2020, Retail Investors and Net Value Products Predominate

Chinese investors reaped greater returns from wealth management products (WMP's) in 2020 despite the adverse economic impacts of the COVID-19 pandemic.

CBIRC Puts Kibosh on Sale of Bank Wealth Management Products via Online Channels

The wealth management vehicles of Chinese banks will be excluded from selling their products via online platforms following the launch of a...

CBIRC to Push Chinese Wealth Management Companies to Lift Equity Investments, Allow Insurance Funds to Buy ChiNext, STAR Market Stocks

The China Banking Regulatory and Insurance Commission (CBIRC) has flagged efforts to push bank wealth management vehicles to lift their share of...

Equity Allocations of Bank Wealth Management Products Hit 790.7 Billion Yuan at End of First Half

Chinese banks are expected to allocate more funds raised via the issuance of wealth management products (WMP) to equity investments.

China Host to 21 Bank Wealth Management Subsidiaries Investing 14 Trillion Yuan in Bonds

The latest official data indicates that the wealth management subsidiaries of Chinese banks have emerged as major investors in the domestic capital...

Issuance of Bank Wealth Management Products Drops over 47% in 2020, Taps 10-Year Low in August

The issuance of bank wealth management products (WMP's) in China has plunged since the start of 2020, with returns on the instruments...

Shanghai Pudong Development Bank Grabs Approval for Wealth Management Subsidiary

Municipal lender Shanghai Pudong Development Bank (SPDB) has just obtained approval for the establishment of its own wealth management subsidiary.

Transitional Period for China’s New Asset Management Rules Extended to End of 2021 Due to COVID-19

The Chinese central bank has extended the transitional period for new asset management rules first launched at the start of 2018 until...

Tsinghua University Report Calls for China to Extend Transitional Period for New Asset Management Rules until 2022

A new report from the Chinese central bank's finance school has called for an extension of the transitional period for key asset...

China CITIC Bank Grabs Approval to Commence Wealth Management Operations Via Subsidiary

Joint-stock lender China CITIC Bank has just grabbed approval from regulators for its wealth management subsidiary to commence operation.

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PBOC Calls for Stricter Regulation of China’s Wholesale Finance Markets

A senior official from the Chinese central bank has highlighted the need for greater regulation of wholesale transactions on China's financial markets....

Chinese Central Bank Calls for Exploring Digital Renminbi’s Cross-border Payments Potential in Greater Bay Area

A senior official from the People's Bank of China (PBOC) who is also a delegate to the National People's Congress (NPC) has...

Chinese Finance Will Focus on Tech Innovation, Green Development, Small Business in 2021: Li Keqiang

Chinese Premier Li Keqiang has highlighted key focal areas for finance policy during the 2021 Government Work report delivered at the opening...

Does China’s Digital Renminbi Pose “Biggest Risk” to Bitcoin Market?

Despite barring domestic Bitcoin trading over three years ago, analysts say China could still have an adverse effect on the global market...