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What China’s banks most want to know: how to build a NAV-based product shelf

Banks across China are searching for the answer to a question they all have in common: how to convert their present inventory of wealth management products (WMPs) and build a new shelf that comes with net asset values, as required by regulators. Officially, the deadline for full compliance is the end of 2020. But before that date, banks have to show…

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