Free Trial

Chinese financial regulators' move to...>

CHINA PRESS
CHINA PRESS: Chinese financial regulators' move to clamp down on non-standard
wealth management products will increase the need for asset-backed securities in
the market, reported 21st Century Business Herald on Wednesday. 
 - As of Tuesday, outstanding ABS reached CNY1.07 trillion, more than 21 times
the total from three years ago. 
 - The reduction of credit quotas will also help ABS continue growing this year.
 - The real estate investment trusts subcategory saw strong growth, as the
Chinese government is campaigning to develop the housing rental market.  

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.