Competition is set to intensify. For investors, it's encouraging to see more products, which mean more channels for diversifying investments. But regulators must work out rules to prevent risks.
More Quotes from Wu Zhiguo:
The bonds were forecast to jump as their government backing means little risk to investors. As the country's stock markets still face policy uncertainties, these bonds provide a haven for investors.Wu Zhiguo
Big parent companies are likely to merge or sell some of their weaker listed arms to cut costs to make sure they can stay alive. Besides, additional assets may be infused in good-quality public firms so they can seek funds for expansion.
Wu Zhiguo
Domestic banks have experience and expertise in managing investment in low-risk bonds based on their long-history in asset-management businesses. It's good for ICBC to pursue the plan.
Wu Zhiguo
Stiffer competition from bigger state-owned banks may have contributed to the earnings drop. Besides, costs probably rose as the bank was on track to expand out of the city.
Wu Zhiguo
The declines were largely due to lack of confidence. Worries over weak corporate governance, brokers' scandals and an equity oversupply weighed on the bourses.
Wu Zhiguo
Merging city banks can allow them to boost product innovations, tighten risk controls and explore business in bigger geographic regions.
Wu Zhiguo
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Based on Topics: Competition Quotes, Danger & Risk Quotes, Investment Quotes, Product QuotesBased on Keywords: diversifying
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Florence Kelley
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