Markets await Chinese banks’ strategy response, financial impact from WMP issue

6 March 2018 | 4 minutes read

With China’s listed banks due to enter their annual results season from next week, market observers are eagerly awaiting clarity from bank management regarding the financial impacts of new regulations that ban guaranteed wealth management products from 2019, and their strategic response. Banks will need to fully exit the products by a 1 July deadline next year. But without further…

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