Four Fresh Worries About China's Shadow Banking System
Draft rules seeking to shore up the $3.9 trillion market for wealth management products underscore a bunch of new worries.
The Impact From China on Hong Kong Banks
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The tangled web of Chinese banks and the investment products they sell is growing more muddled as analysts attempt to gauge the impact of new rules unveiled by the country's authorities.
The proposed new rules would require some banks to provision for losses against wealth management products (WMPs), which funnel money from retail investors into securities ranging from stocks to corporate bonds and real estate, in an effort to insulate the lenders from future losses.