China's Bank Wealth Management Products Surge to 34.7-34.9 Trillion Yuan in April

GateNews

According to China Citic Securities research, China’s bank wealth management products reached 34.7-34.9 trillion yuan in April, up significantly from 31.9 trillion yuan in March, with growth exceeding year-over-year levels. In the low-interest environment, wealth management products have strengthened their market appeal through higher yields compared to deposit rates.

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