China’s total wealth management market was worth 132 trillion yuan in 2018, up just 1.5 per cent from 130 trillion yuan in 2017. Photo: AFP

China’s online wealth management index falls for first time in five years as sector hit by tighter regulation

  • In the two months from June to August, 243 online lending platforms closed amid an intensified crackdown on shadow banking
Topic |   Wealth management

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China’s total wealth management market was worth 132 trillion yuan in 2018, up just 1.5 per cent from 130 trillion yuan in 2017. Photo: AFP
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