Treasury & Capital Markets
Noah fund's near-default unveils risks in China’s supply chain finance model
Near-default of wealth manager's 3.4-billion-yuan fund demonstrates problems such as lack of due diligence and stringent regulations in supply chain market
Derrick Hong
24 Jul 2019
As supply chain finance thrives in China, institutional and retail investors are increasingly looking to the 1.5 trillion yuan ( US$220 billion ) supply chain market as an alternative asset class. Yet, the recent default case of Noah Holdings reveals the risks in the Chinese supply chain finance market.
