Financials Jul 25, 2021 02:56 PM (GMT+8) · EqualOcean
Liu Xinghua, chairman of CCB financial management, said recently that wealth management and asset management capabilities are becoming the valuation anchor of the core competitiveness of China's large commercial banks. Liu Xinghua said that after the introduction of the new regulations on asset management in 2018, the traditional financial management business gradually subsided. By the end of the new regulations on asset management at the end of this year, breakeven financial management will withdraw from the market stage, and financial products will change from expected income type to net value type. "The original financial management business was operated professionally within the bank, and now the financial management business is operated as a company." In terms of asset management, the most important work of wealth management companies is investment. The development direction of green assets and low carbon is what wealth management companies must think about when investing in the future.

This text is a result of machine translation.