Two leading Chinese wealth managers are overdue in making disbursements on wealth products to their clients, leading to fears that further defaults could trigger another liquidity crisis in the industry in mainland China. Wealth management companies with a combined AUM of RMB 366.15 billion (US$51 billion), according to recent estimates, operating under Zhongzhi Enterprise Group (中植集团, Zhongzhi), are overdue in…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
