More than 300 bank wealth management products are losing money! What has been a steady investment?

　　Recently, some investors who have purchased bank wealth management products have discovered that the wealth management products they have purchased have suffered losses. How has the bank wealth management, which has been considered a stable investment, suffered losses?

　　More than 300 bank wealth management products suffered losses

　　The data shows that as of June 28, a total of 391 wealth management products had their net worth fall below the face value of 1 yuan, with the largest loss reaching 40%.

　　The reporter found that among the financial products that suffered losses, the financial products with larger losses were mostly equity products, accounting for less than 10%, and the investment targets were stocks, global depository receipts and other products.

　　346 is just a fixed-income wealth management product, accounting for 88.7%, and the loss range is mostly within 5%. It mainly invests in treasury products such as government bonds, central bank bills, and financial bonds.

　　Wang Zengwu, director of the Wealth Management Research Center of the Institute of Finance, Chinese Academy of Social Sciences: about 60% or more of the loss is not more than 10%, the net value is more than 9 cents, and there are about 50% or more of the products, and the loss is within 1%.

　　Industry insiders said that the main reason for the loss of fixed income wealth management products was due to the rise in short-term market interest rates and the general decline in bond prices.

　　However, from the overall view of the wealth management market, the proportion of products with short-term losses is very small. As of June 28, the number of net worth wealth management products on the market was 18,836. Currently, 391 wealth management products with floating losses account for only 2% of the amount.

　　Wang Zengwu, director of the Wealth Management Research Center of the Institute of Finance, Chinese Academy of Social Sciences, said that such losses are floating losses, that is, short-term market fluctuations, not ultimately such losses. There are now large, medium and small banks, mainly caused by short-term fluctuations in the bond market, not a systemic problem.