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China approves new financial pilot zone in Qingdao2014-02-14
A financial pilot zone for wealth management in the city of Qingdao, Shandong Province has been approved by eleven ministries and commissions.
Qingdao's rich idea: Pilot zone to manage wealth2014-02-18
The coastal city of Qingdao in East China's Shandong province, is aiming to become a global wealth management center after getting central government approval earlier this month to establish a financial pilot zone.
Shandong plans global wealth pilot zone2014-03-11
Deputies of the National People's Congress have expressed confidence in the country's financial reform and the implementation of a comprehensive pilot zone for global wealth management in Shandong province.
Wealth management products aren't part of shadow banking2014-02-19
The wealth management business in Chinese banking"should not"be categorized as shadow banking, a senior official of China's banking regulator said on Monday.
PBOC's new rules protect WMP bond investment2014-02-14
China's central bank published rules yesterday on investment by wealth-management products in the country's bond market, in a move aimed at containing risks posed by banks' off-balance-sheet business.
Spotlight is set to shine on shadow banking2014-01-22
China is tightening its grip on the rapidly expanding shadow banking business.
China's wealth management products total $1.6t2013-12-06
China's outstanding wealth management products totaled 9.92 trillion yuan($1.63 trillion)as of the end of September, according to an industry report released on Friday.
Wealth management opens doors for banks2013-06-29
The rise of China's middle-class has triggered demand for customized wealth management services, providing opportunities for commercial banks to earn more income, a Lujiazui Forum panel said yesterday.
Wealth products to be sold online2013-05-18
Wealth management products will soon be sold through online payment platforms, China's securities watchdog said on Friday.
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