Wealth and Asset Management
China slows wealth management product issuance amid tightened regulation: report
China's banking sector has seen moderated growth in the issuance of wealth management products as the country stepped up efforts to contain risks in the financial industry, a report showed. The outstanding balance of WMPs issued or distributed by banks reached 30 trillion yuan (about 4.4 trillion U.S. dollars) as…
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Click here to read the full story: Xinhua Net