Wealth and Asset Management
Chinese Investors Put USD277 Billion Into Wealth Management Products in April
China’s wealth management product market expanded by around CNY2 trillion (USD276.8 billion) in April from the previous month, thanks to the boost from Chinese banks’ increase of interest rates on deposits. The country’s WMP sector reached a size of CNY28.63 trillion (USD3.96 trillion) as of the end of last month,…
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