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KM Financial Solutions | UPDATE 1-China steps up crackdown on online asset management sector – sources
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UPDATE 1-China steps up crackdown on online asset management sector – sources

02 Apr UPDATE 1-China steps up crackdown on online asset management sector – sources

Posted at 07:25h in News by
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SHANGHAI, April 3 (Reuters) – China’s central bank has
launched a two-month-long examination into online asset
managers, Beijing’s latest step to curb financial risk in the
$15 trillion asset management industry, two sources with
knowledge of the matter told Reuters on Tuesday.

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