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  • China remains wealth creation hub: UBS chairman

    "China continues to be the world's second-largest economy and a wealth creation hub, and is a key market for UBS," UBS Chairman Colm Kelleher said on Tuesday.

    January10,2024


  • China's wealth management market sees more investors in 2022

    China saw more wealth management product investors in 2022, after it lowered the market entry threshold, according to an industry report.

    February20,2023


  • More foreign institutions favor China's wealth management market

    As China continues opening-up of its financial sector to the outside world, more foreign institutions are coming to invest in the country's wealth management market, reported the Xinhua-run China Securities Journal.

    October21,2022


  • China's wealth management industry sees growth potential: KPMG report

    The Chinese market of the wealth management industry is looking at growing scale in the future, according to a recent report by KPMG, reported Economic Information Daily on Monday.

    April13,2022


  • ICBC, Goldman Sachs to set up joint venture on wealth management

    The Industrial and Commercial Bank of China (ICBC) and Goldman Sachs Asset Management will cooperate to set up a joint venture on wealth management, according to a recent announcement.

    May27,2021


  • Chinese households are more willing to invest in funds, report

    Chinese people have a greater need for online wealth management than saving in the post-epidemic era, and they are more willing to invest in funds rather than stocks, said a report released on Sunday.

    July27,2020


  • China's bank wealth management products total 23.4 trln yuan at end of 2019

    China's banking system had a total of 23.4 trillion yuan (3.34 trillion U.S. dollars) of outstanding non-guaranteed wealth management products (WMPs) at the end of 2019, up 6.15 percent from one year earlier.

    July20,2020


  • China to facilitate cross-border wealth management investment in Greater Bay Area

    China will initiate a pilot program to facilitate cross-border purchase of wealth management products (WMP) by residents in the Guangdong-Hong Kong-Macao Greater Bay Area, the country's central bank said Monday.

    June30,2020


  • Chinese banks' wealth management businesses remain stable

    Chinese banks' wealth management businesses remained stable in recent years with a better product structure, according to the country's top banking regulator.

    May25,2020


  • China greenlights first wealth management unit of rural commercial bank

    China's banking and insurance regulator has given the nod to the establishment of the first wealth management company owned by a rural commercial bank.

    February21,2020


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