Thursday, October 22, 2020
Tags Wealth management products

Tag: Wealth management products

Greater Bay Area on Track to Launch Wealth Management Connect Trials

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...

Chinese Investment Banks Required to Register Info on WMP Investors

Investment banks in China are now required to file detailed information on investors in the wealth management products (WMP) that they provide. China's Banking Sector...

Growth in Chinese Household Deposits Drops from 18% to 7% since 2008

The latest official data points to a sharp decline in the growth rate of Chinese household deposits over the past decade-long period as gains...

Yields on Bank WMP’s Slide, Issuance of Net Value Products Surges

Yields on bank wealth management products (WMP) have seen a sharp decline less than two months after the release of new asset management regulations...

Banks Use Principal-guaranteed Structured Deposits As Replacements for WMP’s

Chinese banks continue to make increasing use of structured deposits as a means of shoring up funding sources, following the launch of new asset...

Chinese Banks Step up Client Risk Scrutiny Following Launch of New Asset Management Rules

Chinese banks are intensifying their monitoring of the risk bearing capacity of clients following the launch of new asset management regulations that target the...

Will China’s Large Denomination CD’s Rival Wealth Management Products?

Rates for China's large denomination CD's have risen considerably since the signalling of further interest rate reforms by central government regulators, making them a...

China’s New Asset Management Rules Tackle Moral Hazard of Implicit Guarantees

New asset management regulations promise to shake up China's financial sector by targeting the implicit guarantees and associated moral hazard of popular investment vehicles...

Interest Reforms Could See Jumbo CD’s Replace Wealth Management Products

Analyst says large-denomination certificates of deposit could replace wealth management products as the vehicle of choice for banks to obtain funds following the launch...

Wealth Management Products Post First Yield Decline in a Year

The average expected yields for wealth management products (WMP) sold by banks in China posted their first on-month decline in 12 months in March. Data...

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Chinese Central Bank to Unveil Fintech Development Indices at Financial Street Forum

The People's Bank of China (PBOC) plans to launch new indices on fintech development in order to expedite the growth of the...

Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....