Financial China

The new gold rush

  • Published 01 Oct 2009

Individuals are flocking to the array of gold-related investment products now offered by China's banks.

If you walk into a Beijing bank today, at least one client manager will rush up to you asking if you're interested in any of its investment products. Before running over investment options from funds to insurance products and private wealth management, they'll then mention gold. According to our observations and interviews, investors are flocking to gold investment related products as well as private wealth management tools with investment periods of less than three months. The trend has likely been spurred by investors seeking alternatives to a stuttering A-share market.

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