Wednesday, October 28, 2020
Tags WMP

Tag: WMP

Finance

Will Regulators Target Switch from WMP’s to Structured Deposits by Banks?

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Chinese state media points to the possibility that financial regulators could target other investment products provided by banks such structured deposits, following the launch...
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Banking

Wealth Management Product Yields Edge Lower in July as Liquidity Improves

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

Chinese Banks Compete Against Wealth Management Products Using Gifts

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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...
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Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

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Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...
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Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

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The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...
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Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

Fintech CBNEditor - 0
A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...
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Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

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Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...
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