web analytics
Tuesday, November 24, 2020
Tags Chinese wealth management products

Tag: Chinese wealth management products

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.

Net Values of over 20 Bank Wealth Management Products Drop Below 1

At least twenty bank wealth management products (WMP) in China have seen their net values sink beneath their original principal amount.

CBIRC Commits to Further Squeeze on Shadow Banking Following 16 Trillion Yuan Decline

The China Banking and Insurance Regulatory Commission (CBIRC) has committed to further efforts to stymie the country's shadow banking sector in the...

Huaxia Bank Obtains Approval to Establish Wealth Management Subsidiary

Commercial lender Huaxia Bank has obtained approval from Chinese regulators to establish its own wealth management subsidiary.

Most Read

Chinese Commercial Banks Issue Nearly 600B Yuan in Tier-2 Capital bonds as Smaller Lenders Continue to Face Pressure

Commercial banks in China have stepped up efforts to replenish their capital levels via bond issuance since the start of 2020.

Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...

China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...

China’s Leading Economists Calls for Maintaining COVID-19 Stimulus Measures

Leading economics figures in China have signalled the maintenance of robust monetary and fiscal stimulus policies in the wake of the COVID-19...