We learned from several independent sources that a financial manager in the Yangtze River Delta received a separate reminder from the supervisory authority due to the rapid growth rate of scale this year, but no specific pressure reduction measures or administrative penalties were requested. According to the data, the overall size of the financial management company that was notified in this letter is not very high, but the recent growth rate is quite prominent. In particular, the short-term product scale increased significantly. The overall growth rate in the first half of the year was about 16%, while the growth rate of other financial management companies in the industry was mostly within 10%. Analysts believe that regulation pays attention to institutions that are growing too fast in short-term products, and liquidity risk is one of the important considerations.

We learned from several independent sources that a financial manager in the Yangtze River Delta received a separate reminder from the supervisory authority due to the rapid growth rate of scale this year, but no specific pressure reduction measures or administrative penalties were requested. According to the data, the overall size of the financial management company that was notified in this letter is not very high, but the recent growth rate is quite prominent. In particular, the short-term product scale increased significantly. The overall growth rate in the first half of the year was about 16%, while the growth rate of other financial management companies in the industry was mostly within 10%. Analysts believe that regulation pays attention to institutions that are growing too fast in short-term products, and liquidity risk is one of the important considerations.