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#Chinese regulators are considering tougher restrictions on how banks sell financial products to the public, in a move that could cut off a major distribution channel for some of the nation’s largest hedge funds
#CHINA WEIGHS BAN ON BANK DISTRIBUTION OF HEDGE FUND PRODUCTS.-Bloomberg This is a move that could cut off a major distribution channel for some of the nation’s largest hedge funds. Banks have for years been one of the key distributors of hedge funds, which typically raise money…
China Weighs Ban On Bank Distribution Of Hedge Fund Products - BBG https://t.co/RISzbFrePZ
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.