China Market Review, July 2023: sales op 65% MoM despite drop in issuance

Some 592 structured products amounting CNY220 billion in aggregate volume had a strike date in July – up 65% by sales volume compared to the previous month (Jun 2023: CNY133 billion from 629 products). An additional 498 structures matured during the month resulting in CNY191 billion flooding back onto the market for potential reinvestment. The best-performing product was China Construction Bank’s 利得盈结构性存款 2023 年第 33 期 /Structured Deposit CNY ZHJGX202306033001 . The three-month prod