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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.
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MNI: Entrusted product transactions are recovering...>
MNI: Entrusted product transactions are recovering as the average yields of most
bond funds have exceeded those of bank deposits, and even some wealth management
products (WMPs), after a nine-month correction in the bond market, the China
Business News reported Sunday. Small and medium-sized banks are actively
investing in entrusted products to cover their costs, the report said. In
addition, under the government's financial deleveraging campaign, the pressure
on banks' WMPs and complicated structural products is increasing, providing an
opportunity for products offered by non-bank financial institutions, the report
said. NBFIs are eager to share the "big cake" of funds now invested in bank
WMPs, worth around CNY30 trillion, the report said. (China Business News)
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.