Saturday, February 27, 2021
Tags Chinese wealth management

Tag: Chinese wealth management

Finance

China Advances Cross-border Wealth Management Connect Initiative in Greater Bay Area

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The Chinese government has issued a new directive to advance trials for a wealth management connect initiative linking the mainland market with...
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Banking

JPMorgan Mulls Wealth Management Venture with China Merchants Bank

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Wall Street bank JPMorgan Chase & Co. plans to launch a new wealth management joint-venture in China with the country's largest private...
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Banking

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

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

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

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Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.
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Finance

France’s Amundi Launches China’s First Foreign-invested Wealth Management JV

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The first Sino-foreign joint-venture in the Chinese wealth management sector has just officially commenced operation in Shanghai.
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Banking

Over Half of Bank Wealth Management Products Shift to Net Value Model Since Launch of 2018 Asset Management Rules

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The launch of new asset management rules in February 2018 has led to a major shake up for wealth management products (WMP's)...
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Banking

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

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

Ping An Bank, Bank of Nanjing, Bank of Jiangsu Grab Approval for Wealth Management Subsidiaries to Commence Business

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Chinese authorities have just given their approval for several banks to kick start their wealth management subsidiaries.
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Finance

Greater Bay Area on Track to Launch Wealth Management Connect Trials

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The monetary authorities for the Guangdong-Hong Kong-Macau Greater Bay Area have unveiled plans to launch trials for allowing cross-border investment in asset...
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Banking

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

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Joint-stock lender China CITIC Bank has just grabbed approval from regulators for its wealth management subsidiary to commence operation.
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Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Economy CBNEditor - 0
Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.
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Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

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Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...
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World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

Banking CBNEditor - 0
China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...
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Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

Banking CBNEditor - 0
The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...
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