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China To Tighten Regulations On Wealth Management Products, Will Benefit Bond Market
Aggregated Source: China Money Network
stocksssue89988Chinese authorities are planning to tighten the regulations on banks' Wealth Management Products (WMP) investment, which could benefit the bond market, says a research report by ANZ AG. Investments in "non-standard assets" and equities will be further tightened, as the China Banking Regulatory Commission (CBRC) plans to classify banks into two groups. The banks in […]

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