- published: 13 Aug 2016
- views: 78
$3.5 Trillion - that is the size of China's Wealth Management products (WMP) market and it is estimated to make up 35 percent of GDP. Authorities are concerned and want to reign it in. Retail investors are the majority of buyers of WMP’s which offer higher interest rates than a bank deposit. But it isn't always clear what assets the funds are buying to finance payouts, and that's where potential problems loom. China's banking regulator is proposing tighter rules to protect investors. The regulations would cap the involvement of smaller banks and ensure that lenders have enough capital to protect against potential losses. For over two years ratings agencies like Standard and Poors and Fitch have warned that WMP's were creating growing risks in the Chinese banking sector and analysts sa...
中国理财产品新规很可能导致收益率下滑 China's banking regulator has released a second draft of stricter rules for commercial banks' wealth-management products, in an effort to control risks in the country's banking system amid rising bad loans. When the draft was released last week it created immediate liquidity worries in the stock market, leading the index to one of its biggest declines in months. -------------------- 【独家Exclusive】东方卫视《中国梦之声 Chinese Idol》——我就是偶像！ http://www.youtube.com/user/kankanews/videos?view=46&tag_id=UCahKjkez9olNwcpc5pZwzvg.3.%E4%B8%AD%E5%9B%BD%E6%A2%A6%E4%B9%8B%E5%A3%B0&sort=dd -------Please subscribe to our Channel!请订阅我们的频道！------- YouTube: http://www.youtube.com/user/kankanews Facebook: http://www.facebook.com/kankanews Twitter: https://twitter.com/SMGKankanews ----------------...
High minimum investment thresholds, the expense of professional advice, and the general lack of access to wealth management tools have all served as challenges for small retail investors in China. However, fintech is empowering them by lowering the costs of, and expanding access to, wealth management products, thereby making it easier to manage one’s wealth. This is not unique. Fintech is redefining the wealth management industry globally as machine replaces man in helping HNWIs grow their wealth. Companies like Betterment and Wealthfront are changing the way that people save and invest their money. Robo-advisors and new ETF-like products largely eliminate the human component of wealth management. What about China? Does traditional 'managed' wealth management have a future in the world's ...
The Chinese have revealed the massive scale and growth in "off balance sheet Wealth Management Products". All eyes are on the release of the US Fed minutes from the February 2nd meeting, seeking out clues about the next benchmark rate rise. Read the full story here : http://www.interest.co.nz/news/86161/markets-eye-fed-minutes-us-home-sales-surge-mexico-growth-hangs-therewtos-bali-tfa-now
Chinese banks' wealth-management products (WMP) have reported their slowest growth in three years, as financial regulators step up measures to rein in the ballooning sector. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Interested in a career in finance? Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, shares his views on how the CFA® qualification helps in career progression. For more CFA charterholder career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer
A number of BNP Paribas' best minds have gathered in Singapore, Hong Kong, Indonesia, Malaysia, Taiwan and China to present their macroeconomic insights to our clients in Asia. In our 2017 Market Outlook video, watch Arnaud Tellier, Head of Investment Services Asia and Prashant Bhayani, CIO Asia, along with Parag Khanna, global strategist & geopolitical futurist, as they share their views for the upcoming years.
Exclusive interview with Jack Yuan, Associate Director of Fitch Ratings. The stability of China's Wealth Management Products is the subject of increasing concern, especially among those who fear the banks are beginning to buy each others' products, creating a web of risk for the entire financial system. -------------------- 【独家Exclusive】东方卫视《中国梦之声 Chinese Idol》——我就是偶像！ http://www.youtube.com/user/kankanews/videos?view=46&tag_id=UCahKjkez9olNwcpc5pZwzvg.3.%E4%B8%AD%E5%9B%BD%E6%A2%A6%E4%B9%8B%E5%A3%B0&sort=dd -------Please subscribe to our Channel!请订阅我们的频道！------- YouTube: http://www.youtube.com/user/kankanews Facebook: http://www.facebook.com/kankanews Twitter: https://twitter.com/SMGKankanews -----------------------------------More----------------------------------- Entertainment大明星: ht...
Huang Fan, CFA, head of wealth management in China at one of the world's leading financial service providers, explains what a wealth manager does and shares his views on how the CFA® qualification fits into the growth of the financial services industry in mainland China. For more CFA charterholders career stories, visit: https://info.cfainstitute.org/CareerGuide.html?leadsource=FY15-CareerGuide-YouTube_organic #CFACareer
The Private Wealth Management APAC Summit delivers world class briefings from some of the leading minds in the private wealth industry. Speakers have included: Roubini Global Economics, Donglin Family Office, Wen Ken Group Business Concept, Boyce Family Office and many more. Join the next Summit along with leading regional family offices and wealth advisors and international fund managers and consultants in an intimate environment for a focused discussion of key new drivers shaping wealth preservation and investment strategy.
April 22, 2016 2016 Wilbur K. Woo Greater China Business Conference Panel Discussion - Private Wealth Management: The Evolution of China's Private Wealth Market - Developing Effective Strategies for High Net Worth Individual and Opportunities for the United States With: Jon Allen, Sales Vice President, Trumark Financial Joseph Lee, Senior Vice President, Director of Sales, Cathay Wealth Management Tony Yu, Chief Executive Officer and General Counsel, DSG Business, Tax & Wealth Planning, Inc. Moderator: Rex Hong, Senior Vice President, Manager of China Business Development Department, Cathay Bank
Insiders say the China Banking Regulatory Commission has established a reform team tasked with putting wealth management and the interbank businesses back on the right track. The insiders also say that the team will be led by the C-B-R-C's governor - Shang Fulin.