Since the regulatory authorities issued valuation rectification requirements for wealth management products, financial management companies have been strictly following the prescribed time points to implement the relevant requirements. The reporter learned that in the face of the upcoming phased assessment at the end of June, several agencies said they have basically completed the goal of “half of the rectification.” In practice, financial management companies' rectification mainly focuses on closing price valuation issues. As the rectification work continues to advance, fluctuations in the net value of wealth management products will increase. In order to cope with this change, financial management companies are actively optimizing asset allocation strategies, such as controlling fluctuations by shortening the term of bonds and speeding up the deployment of multi-asset and multi-strategy products. At the same time, improving investment and research capabilities has become an important aspect for financial management companies to build core competitiveness, and industry concentration may further increase in the future.

Zhitongcaijing · 06/10 22:25
Since the regulatory authorities issued valuation rectification requirements for wealth management products, financial management companies have been strictly following the prescribed time points to implement the relevant requirements. The reporter learned that in the face of the upcoming phased assessment at the end of June, several agencies said they have basically completed the goal of “half of the rectification.” In practice, financial management companies' rectification mainly focuses on closing price valuation issues. As the rectification work continues to advance, fluctuations in the net value of wealth management products will increase. In order to cope with this change, financial management companies are actively optimizing asset allocation strategies, such as controlling fluctuations by shortening the term of bonds and speeding up the deployment of multi-asset and multi-strategy products. At the same time, improving investment and research capabilities has become an important aspect for financial management companies to build core competitiveness, and industry concentration may further increase in the future.