Many wealth management products ended operations early. According to incomplete statistics, since October, a number of financial management subsidiaries, including CMB Wealth Management, Huaxia Wealth Management, Everbright Wealth Management, and Credit Bank Wealth Management, have announced the early expiration of various of their products. Li Keying, executive director of Dongfang Jincheng's financial business department, said that there are two main reasons for early termination of wealth management products: the first is to trigger an early termination clause. Some wealth management products set early termination clauses when designing contracts. The second is a take-profit/stop-loss strategy based on market conditions. Most of the wealth management products mentioned above are structured wealth management products. Judging from the reason for the termination, they were all terminated early due to triggering a knockout incident.

Zhitongcaijing · 10/17 16:17
Many wealth management products ended operations early. According to incomplete statistics, since October, a number of financial management subsidiaries, including CMB Wealth Management, Huaxia Wealth Management, Everbright Wealth Management, and Credit Bank Wealth Management, have announced the early expiration of various of their products. Li Keying, executive director of Dongfang Jincheng's financial business department, said that there are two main reasons for early termination of wealth management products: the first is to trigger an early termination clause. Some wealth management products set early termination clauses when designing contracts. The second is a take-profit/stop-loss strategy based on market conditions. Most of the wealth management products mentioned above are structured wealth management products. Judging from the reason for the termination, they were all terminated early due to triggering a knockout incident.