英语文摘：China banking regulator tightens regulation on wealth management investment

BEIJING, July 8 (Xinhua) -- The China Banking Regulatory Commission (CBRC) said Wednesday it had issued a new circular banning banks from investing wealth management funds in secondary-market stocks.

    It prohibited banks from investing wealth management funds in secondary-market securities-backed funds, equities of unlisted companies and shares in listed companies but not allowed to be issued or traded publicly, said the statement on the CBRC website.

    The circular said banks should not spend clients' wealth management funds on investment in high risks or too complicated financial products.

    The circular urged banks to protect clients with medium or low incomes while providing rational investment services for high-end clients.

    It said for those high-end experienced investors who demand for products with high risks, commercial banks could satisfy them through private banking services, which would not be affected by the circular.

将本页收藏到：
上一篇：英语文摘：G8 leaders say world economy faces significant risks
下一篇：英语文摘：Ousted Honduran president rejects negotiations with coup leaders

※相关链接※

• ·哪种语言最难学？外媒做了个排名，
• ·夏日炎炎吃西瓜：西瓜对健康居然有
• ·英语文摘:Xi, Putin to witness op
• ·英语文摘:China hits 400 mln vacc
• ·欧美文化:Feature: UK takes big s