Over the past couple of years, smaller Chinese banks have ramped up their shadow lending activities and staffing, and analysts say it’s those operators who have the most to fear from a clampdown on the selling of wealth management products. Photo: SCMP
Cathy Zhang
Opinion

Opinion

Across The Border by Cathy Zhang

Jangled nerves at smaller lenders as China’s central bank mulls next move on wealth management sector

PBOC’s latest statement gives little away on timing – but China’s mid-tier banks are still caught in the shadows, awaiting its next move

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Over the past couple of years, smaller Chinese banks have ramped up their shadow lending activities and staffing, and analysts say it’s those operators who have the most to fear from a clampdown on the selling of wealth management products. Photo: SCMP
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