理财

Lex_China wealth management: blooming risk
Lex专栏:北京预防manbetx3.0 版“次贷危机”


manbetx3.0 监管方日前加强了对理财行业的监管,短期内可能导致投资增速降低、坏账增加。但如对各类理财乱象不加约束,可能出现大规模违约,甚至流动性危机。

Welcome to China’s wealth management industry. One bank offers a “Blooming sunflower” investment plan with an annualised return of 4.6 per cent. Sounds OK; only it matures in 45 days and up to two-thirds could be invested in a bundle of illiquid assets from trust loans to letters of credit with a mismatch of maturities. They could even be invested in servicing other maturing products. Investors cannot know for sure. No wonder the new administration is keen to bring the industry under control.

欢迎来到manbetx3.0 理财业。一家银行推出了一款“金葵花绽放”投资计划,年化收益率为4.6%。听上去还行;只是其理财期限仅为45天,且有至多三分之二的资金可能将投资于各种非流动资产,比如信托贷款和期限不一的信用证,甚至可能用于偿付其他即将到期的产品。投资者无从知晓确切的情况。难怪新一届政府急于规范这一行业。

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