Lates News

Zhongxin Securities' chief economist Ming Ming predicts that in the next 5 to 10 years, the proportion of direct financing in social financing is expected to increase to over 50%. The financial system will shift to a dual-drive pattern of banks and capital markets, and non-bank institutions will usher in a window of sustained development. With the trend of financial "de-intermediation", bank interest spreads will continue to narrow, traditional interest margin profit models will become ineffective, industry differentiation will intensify, and the operational pressure on small and medium-sized banks will become more pronounced.