Jupai’s Ni: breaking bank guarantees, WMP dominance is ‘good news’ for China’s wealth industry

13 March 2018 | 4 minutes read
Ni Jianda, Jupai

Jupai, one of China’s largest independent wealth managers, is eyeing a decision by mainland regulators to outlaw the guaranteed returns on wealth management products as an opportunity to take market share from banks, which currently dominate the wealth management market. In a night-time call with investors on Monday, the company’s chairman hailed the government’s decision to end the guarantees as the “number…

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