China banks perform despite fall on structured products sales
Agricultural Bank of China issued 149 structured products in the first half of 2017 (1H17) worth an estimated RMB19bn (US$2.9bn) compared to 268 products with a sales volume of RMB117bn in the same period last year, according to SRP data. Eighty-two of the bank's products during the first semester of 2017 were linked to commodities, including 80 products linked to gold and two linked to white sugar while the remaining 67 products were linked to the CSI 300 Index.
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