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CHINA PRESS: Companies are buying wealth-management products issued by banks at
a faster pace as yields rise owing to tighter liquidity, the 21st Century
Business Herald reported Thursday. To date this year 826 companies have bought a
total of CNY742.98 billion in WMPs. Factors such as excess capital resulting
from overcapacity are contributing to the growth in WMP purchases. If this
momentum continues more capital will head for the financial sector and make it
difficult to find funding for the real economy, the report said. (21st Century
Business Herald)

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