Author(s)

Yue Qiu and Xin Liu

Corresponding Author

Xin Liu

Abstract

Based on the monthly data from 2017 to 2018, this paper empirically tests the development motivation of structured deposits on the basis of theoretical analysis. The research shows that there is an inverse correlation between customer demand for structured deposits and stock market returns, a positive correlation between structured deposits and bond market returns, and a reverse correlation between structural deposits and property market returns; the correlation between market interest rate, market liquidity, inflation and structural deposits is not significant. The introduction of the new asset management regulations in 2018 requires that rigid payment be broken, and financial products no longer protect capital and income, which greatly promotes the development of structured deposits. The increasing pressure on commercial banks to absorb deposits also promotes the development of structured deposits.

Keywords

Structured Deposits; New Asset Management Regulations; Development Motivation; Empirical Study