China** newspaper Jiangyou Bank's latest authoritative data on wealth management is here! As of the end of 2023, the scale of the bank wealth management market is 268 trillion yuan, and the number of investors in wealth management products increased to 11.4 billion, creating 698.1 billion yuan of income for investors throughout the year. According to the number of investors, a single investor earns an average of 6,124 yuan. It is worth noting that at the end of June 2023, after the scale of existence was surpassed by the public offering** and the "first brother" in the asset management industry was lost, the scale of bank wealth management at the end of 2023 continued to be lower than the public offering** of 276 trillion yuan, a difference of 800 billion yuan. On February 2, the Banking Wealth Management Registration and Custody Center and China Wealth Management Network released the Annual Report on China's Banking Wealth Management Market (2023) (hereinafter referred to as the "Report"). According to the report, by the end of 2023, the scale of the bank wealth management market will reach 2680 trillion yuan, with a total of 3 new wealth management products issued throughout the year110,000, raising 5708 trillion yuan, the number of investors in wealth management products increased to 11.4 billion, creating 698.1 billion yuan of income for investors.
In 2023, there will be a total of 228 banking institutions and 31 wealth management companies across the country, with a total of 3110,000, with a total of 57 raised08 trillion yuan. As of the end of 2023, a total of 258 banking institutions and 31 wealth management companies across the country have existing wealth management products, and the existing products are 3980,000, an increase of 14 from the beginning of the year86%;The scale of existence is 2680 trillion yuan. Wealth management products mainly come from wealth management companies, and the proportion of parent banks has declined. As of the end of 2023, wealth management companies have the largest number and amount of existing products, with 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%。Bank wealth management products are basically net worth, and the public offering method is still the mainstream. As of the end of 2023, the scale of net-worth wealth management products will reach 2597 trillion yuan, accounting for 9693%, an increase of 1 from the beginning of the year46 percentage points. The scale of public wealth management products reached 2544 trillion yuan, accounting for 94 percent of the total scale of wealth management products93%, accounting for a decrease of 048 percentage points; The scale of private wealth management products is 136 trillion yuan, accounting for 5 percent of the total scale of wealth management products07%。Fixed income is also the main force of bank wealth management, and it is still growing. As of the end of 2023, the scale of fixed income products is 2582 trillion yuan, accounting for 96 percent of the total scale of wealth management products34%, an increase of 1 from the beginning of the year84 percentage points; The scale of hybrid products is 086 trillion yuan, accounting for 321%, down 189 percentage points; The scale of equity products and commodities and financial derivatives products is relatively small, at 008 trillion yuan and 004 trillion yuan. The number of investors in bank wealth management is increasing. In 2023, the number of wealth management investors will continue to grow. 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. While individual investors make up the vast majority, the proportion of institutional investors is increasing. From a structural point of view, as of the end of 2023, the wealth management market is still dominated by individual investors, with a number of 11.3 billion, accounting for 9882%;The number of institutional investors increased slightly, to 134600,000, accounting for 118%。
Editor: Captain Review: Xu Wen.