Highlights:
- Chinese investors have experienced losses of 25 trillion yuan which is equivalent to $3.5 trillion on high-yield wealth management products.
- Government bond yield has also surged this month driving the net asset value on more than 280 low-risk, bond-linked WMPs, or approximately 3% of the market below 1 yuan value.
- The retail investors are experiencing a loss while some....
Tags : China, Wealth Product market, loss, investors, retail,
comments (0)