News Snapshot:
China Securities News (Reporter Ouyang Jianhuan) Wu Yaodong, Chairman of China Post Wealth Management, said at the 2022 Summer Summit of the China Wealth Management 50 Forum on August 20 that in the future, bank wealth management should continue to take advantage of low volatility and stability, and continue to optimize Asset Allocation Structure. Wu Yaodong introduced that bond assets are still the “ballast stone” of wealth management assets. We should strengthen investment and research capabilities, increase swing trading, moderately tap high-quality urban investment bonds and industrial bonds to increase income, and actively allocate varieties such as convertible bonds. ....
