China regulator frets over confidence crisis after investment product fails | Reuters

Hongmei Zhao and Lucy Hornby report:

Investors rushed to [Hua Xia Bank Co Ltd]’s Jiading branch in a suburb of Shanghai after one of four wealth management products issued by the Zhongding Wealth Investment Center failed to pay out as scheduled on November 26.

via China regulator frets over confidence crisis after investment product fails | Reuters.