Huang, Kun; Yao, Qiuge; Li, Chong - In: International Journal of Financial Studies : open … 7 (2019) 2/29, pp. 1-15
traditional credit assets (loans) and financial assets (interbank and securities investment). Due to the long-standing dual … interest rate system in China, the yields of credit assets and financial assets have differed, which means the latter has … of banks. Specifically, on the one hand, when the price of financial assets falls, which leads to the narrowing of the …