Reuters2021-06-10
SHANGHAI, June 10 (Reuters) - China's top banking and insurance regulator Guo Shuqing said banks should actively guard against the rebound in non-performing loans.
Investors should also be aware of potential investment losses on financial derivative products, and rising Ponzi schemes, Guo told a financial forum in Shanghai via a video message.
The regulator will also resolutely clean up illegal security issuance activities and fend off the pick-up in shadow banking activities, Guo added.
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