Tuesday, May 18, 2021
Tags Wealth management products

Tag: Wealth management products

Wealth Management Product Yields Edge Lower in July as Liquidity Improves

Yields on wealth management products in China have seen modest declines since the start of July, as the central bank adopts measures to shore...

Channel Financing Surges in Tandem with China’s Asset Management Boom

Surging growth in China's asset management market has given the shadow banking sector ample opportunity to engage in "channel financing," prompting regulators to push...

Banks Covertly Expanding Debt Via Wealth Management Products: Chinese Central Bank

People's Bank of China vice-governor and head of the Banking Accounting of Society of China Ma Delun has declared that wealth management products are...

Wealth Management Yields Ride High As Chinese Banks Scramble for Cash

Returns on wealth management products continue to rise as banks vie against each other for scarce funds amidst China's ongoing deleveraging campaign. The Economic Observer reports that...

Chinese Banks Compete Against Wealth Management Products Using Gifts

A surge in the returns offered for short-term wealth management products has compelled some banks to compete for the funds of clients by providing...

Big Banks Withdraw from Wealth Management Products

A new report on China's wealth management products indicates that the big state-owned lenders have dialled down their activity in this key segment of the shadow banking...

Interbank WMP Balance Doubled in 2016

While the latest official data indicates that the interbank wealth management product balance doubled in 2016, observers say that the era of surging growth is over...

Financial Regulators Step Up Scrutiny Of Wealth Management Products

Chinese financial authorities have stepped up their scrutiny of wealth management products via the introduction of new provisions that require the registration and disclosure of asset information on a...

CBRC to Introduce 46 New Legislative Items Over the Next Year

The latest legislative work plan released by China's banking regulator flags the introduction of 46 new statutory items over the upcoming year, as part of an...

Wealth Management Products Enjoy Boom Amongst Listed Concerns

A key segment of China's shadow banking sector is enjoying booming popularity amongst listed concerns as they strive to shore up incomes amidst easing economic growth. The latest...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...