The Chinese structured market continued to grow in 2018 according to SRP data. A total of 2,450 products worth CNY279 billion (US$41.6 billion) struck between January and December 2018, up from 757 products with combined sales of CNY83.6 billion issued during the same period the previous year.
This growth is expected to continue in 2019 boosted by the new asset management regulation for which the transition period has been extended to 2020. The new rules were introduced in April 2018 and their main goal will be to restructure and reduce the shadow banking in the sector. Since mid-2018, deposits have become a popular wrapper in China. With the new asset management regulation coming into force, this type of product is keeping investors interested with a simple, capital protected struct
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