Wealth and Asset Management
A-share firms bank on wealth management products to boost books in slowdown
Wealth management products have become the new darlings that China’s A-share companies look to for gains as they face an uphill task of shoring up profitability in their core businesses. The buying spree surrounding the WMPs, a typical example of the country’s shadow banking system, added weight to suspicions about…
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Click here to read the full story: South China Morning Post