Chinese risk awareness found wanting on wealth products

The recent case of a retail investor losing Rmb1 million is a vivid example of how ill-prepared Chinese people are in terms of making investments in wealth management products, say analysts.

The recent loss of Rmb1 million ($160,000) by a Chinese investor is the latest example of a lack of risk awareness in WMPs and highlights bigger concerns about who will pay out if a wealth management product (WMP) fails.

¬ Haymarket Media Limited. All rights reserved.

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