Five hundred and thirty-seven structured products worth an estimated CNY55.4 billion (US$8.1 billion) were added to SRP China database in July.
Some 513 structured products with an aggregated volume of CNY54 billion had a strike date in July. A further 617 structures matured during the month with approximately CNY 61.5 billion outflow of capital. Ninety-two percent of the maturing products were short to mid-term structured deposits using combinations of nine different payoff mechanisms . Distributors There were 11 active distributors in July. Bank of China and China Merchants Bank occupy the top of the chart sharing first place with
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