Loading...
Loading...
Browse all stories on DeepNewz
VisitHow will major Chinese banks respond to the new regulations on hedge fund distribution by end of 2024?
Launch alternative products • 25%
Increase focus on other financial services • 25%
Lobby against the regulations • 25%
No significant change • 25%
Official announcements from Chinese banks or major financial news outlets
China Considers Ban, Tougher Restrictions on Bank Distribution of Hedge Fund Products
Jun 12, 2024, 12:45 AM
China is considering a ban on banks selling hedge fund products, according to sources. This potential regulatory change could impact the 5.2 trillion yuan ($717 billion) hedge fund industry by cutting off a major distribution channel. Banks have traditionally been key distributors of hedge funds, and the new restrictions would add to the challenges faced by the industry. Chinese regulators are also weighing tougher restrictions on how banks sell financial products to the public.
View original story
Implement similar controls • 33%
No change in controls • 33%
Revise existing controls without major overhaul • 34%
Increase transparency voluntarily • 34%
No change in practices • 33%
Lobbying for further deregulation • 33%
No significant action • 33%
Some banks reduce ties • 33%
Majority of targeted banks cut ties • 33%
Major interventions • 33%
Moderate adjustments • 34%
No significant changes • 33%
Standard Chartered • 25%
Citibank • 25%
Deutsche Bank • 25%
None • 25%
Increase in capital reserves • 25%
Re-structuring of assets • 25%
Lobbying against the requirements • 25%
No significant changes • 25%
Expand operations in the US • 33%
Restrict operations in the US • 33%
No significant change • 34%
Public support for FDIC leadership change • 25%
Public criticism of FDIC handling • 25%
Calls for external review of FDIC practices • 25%
No public response • 25%
No • 50%
Yes • 50%
Industry Grows • 50%
Industry Shrinks • 50%
Shift to private wealth management firms • 33%
Utilize online platforms • 33%
Increase direct-to-consumer sales • 33%