Beijing Business Daily (Reporter Song Yitong) On February 2, the Banking Wealth Management Registration and Custody Center released the "Annual Report on China's Banking Wealth Management Market (2023)", which shows that as of the end of 2023, the scale of the bank wealth management market is 2680 trillion yuan, with a total of 3 new wealth management products issued throughout the year110,000, raising 5708 trillion yuan.
In terms of the type of institutions, as of the end of 2023, wealth management companies have the largest number and amount of existing products, and the number of existing products is only 1940,000, with a survival scale of 2247 trillion yuan, an increase of 1 from the beginning of the year01%, accounting for 83 percent of the total market85%。
In terms of the structure of the number of wealth management investors, the number of wealth management investors will maintain a growth trend in 2023. As of the end of 2023, the number of investors holding wealth management products reached 11.4 billion, a year-on-year increase of 1784%。Among them, the number of individual investors increased by 1,686290,000, an increase of 38 institutional investors650,000.
In terms of income performance, in 2023, the overall income of wealth management products will be stable, creating a total of 698.1 billion yuan of income for investors. Among them, banking institutions have created a total of 173.9 billion yuan of income for investors; Wealth management companies have created a total of 524.2 billion yuan of income for investors, a year-on-year increase of 085%。In each month of 2023, the average rate of return of wealth management products will be 294%。