China’s Latest Move To Unwind A $2 Trillion Investment Product Is Bad News For Chinese Banks（中国打算清理两万亿美元的理财产品市场）
MAMTA BADKAR
http://www.businessinsider.com/china-pushes-asset-management-plans-2013-10
The Shanghai Composite fell 1% on Thursday, with Chinese brokerages taking the biggest hit.
Citic Securities, China’s largest brokerage, was down 3.7%.
This comes on news that the government wants banks to unwind the controversial wealth management products (WMPs) and switch to asset management plans (AMPs).
阅后评论：中国银行业绷紧神经，静待靴子落地。
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