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Wednesday, April 14, 2021
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WMP
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WMP
Finance
Will Regulators Target Switch from WMP’s to Structured Deposits by Banks?
CBNEditor
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May 16, 2018
0
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
CBNEditor
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July 25, 2017
0
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
CBNEditor
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June 5, 2017
0
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
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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