Source: Zhengzhongshe
Against the background of continued decline in benchmark interest ratescubecrash, the number of bank wealth management products issued has increased instead of decreasing. Since April this year, the scale of wealth management products has experienced an extraordinary increase. On May 15, exclusive data compiled by reporters from China Securities Agency showed that as of the end of April, a total of 11 institutions, including 6 joint-stock bank financial management and 5 state-owned bank financial management companies (excluding China Post Financial Management), had a scale of 18.cubecrash.71 trillion yuan, a total increase of approximately 2.02 trillion yuan from 16.69 trillion yuan at the end of March, reversing the downward trend in March, especially for Dahang Financial Management Companies, which experienced rapid growth.
It is worth mentioning that new trends have also emerged in the supply of products in the bank wealth management market: wealth management companies significantly accelerated the issuance of mixed and equity wealth management products containing equity assets in April, and the scale of individual products raised exceeded 3 billion yuan in one month.
