China Minsheng Bank is seeking to be at the forefront of the Chinese market with product innovation as the growth in structured deposits last year was mainly pushed by banks facing restrictions from regulators around the issuance of asset management products.
Principal guaranteed structured deposits are mainstream in China, but China Minsheng Bank wants to create more value for end investors, according to Chu Wu (pictured) , derivatives product manager at China Minsheng Bank. “The market will gradually shift to these products – we have seen this trend this year,” said Wu. “More and more Chinese investors will realise the best of structured deposits is that they offer a way to participate in the capital market, obtain higher r
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