Tuesday, April 13, 2021
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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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...