As interest rates on deposits continue to decline and demand for capital allocation continues to heat up, the bank wealth management issuance market continues to be popular. According to the latest statistics from various institutions, by the end of November, the financial survival scale of banks in the entire market had reached about 34 trillion yuan, a record high, and the scale of financial management had maintained a positive growth trend for many months. The industry generally believes that the expansion in the scale of financial management in November not only conforms to the seasonal rules of previous years, but is also closely related to the accelerated “relocation” of residents' capital in a low interest rate environment. Looking ahead, although there may be phased disturbances at the end of the year, the medium- to long-term expansion trend of the bank wealth management market has not changed against the backdrop of the gradual establishment of deposit interest rates in the “1 era” and where the comparative advantage of wealth management benefits still exists.

As interest rates on deposits continue to decline and demand for capital allocation continues to heat up, the bank wealth management issuance market continues to be popular. According to the latest statistics from various institutions, by the end of November, the financial survival scale of banks in the entire market had reached about 34 trillion yuan, a record high, and the scale of financial management had maintained a positive growth trend for many months. The industry generally believes that the expansion in the scale of financial management in November not only conforms to the seasonal rules of previous years, but is also closely related to the accelerated “relocation” of residents' capital in a low interest rate environment. Looking ahead, although there may be phased disturbances at the end of the year, the medium- to long-term expansion trend of the bank wealth management market has not changed against the backdrop of the gradual establishment of deposit interest rates in the “1 era” and where the comparative advantage of wealth management benefits still exists.