Investor Presentaiton

Towards more transparency of tail risks and market based shadow banking System is built on the asymmetric perception of information sensitivity (tail risks) and thus not sustainable. Since the underlying projects and loans that back WMPs and trust products are intrinsically risky, default risks do not vanish despite the asymmetric perception of tail risks. If banks and investors have mutually consistent perception of tail risks then they have to share it among themselves.

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