Streamlining the wealth management market

The country’s new asset management rules will have a deep impact on its wealth management market, which will enter an increasingly regulated track of development, and will push leading players to become more professional by enhancing the quality of products and services, the China Wealth Management Report said. (File pic: Businessman analyzing investment charts with laptop.)

BEIJING: China is expected to form a standardised, unified and highly-efficient wealth management market with fair competition and high standards, according to a recent report by Zhixin Investment Research Institute.

The country’s new asset management rules will have a deep impact on its wealth management market, which will enter an increasingly regulated track of development, and will push leading players to become more professional by enhancing the quality of products and services, the China Wealth Management Report said.