Regulatory move to ease concerns

Expert says new enforcement rules for asset management products further clarify standards

The timely move by China's top financial regulators to introduce policies for the strictest-ever asset management products is expected to ease financial institutions' concerns and stabilize market sentiment.

Under the detailed enforcement rules, financial institutions could take a breather since they still have space and time to withdraw from some transactions, instead of facing a sudden break on all high-leverage financing instruments.