China saw strong growth of banks' investment products issuance in December 2015, with the number rising to 5,453, the most in 2015, according to data from bankrate.com, a leading financial product information aggregator in China.
Data showed that city commercial banks took the lead, which issued 2,298 investment products in December, 402 more than in November.
Analysts from bankrate.com attributed the rise in issuance to heightened risk aversion as stock market, bond market, Internet lending and commodities all showed instability.
Investors tended to be more cautious and demand for banks' investment products and monetary funds grew significantly.
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