Beijing, May 3 (Reporter Wang Junling) The reporter recently learned from the banking wealth management registration and custody center that in the first quarter of this year, there were 7,717 new products in the banking wealth management market, raising a scale of 25.14 trillion yuan and adding 5.58 million new investors. A total of 205.8 billion yuan has been created for investors.
As of the end of March, the existing scale of wealth management products was 28.37 trillion yuan, and the proportion of net worth products reached 94.15%.
Specifically, in the first quarter of this year, Bank of China's wealth management showed several characteristics:
The scale of the wealth management market remained stable, and the net worth transformation achieved remarkable results.
In the first quarter, a total of 268 institutions issued 7,717 new wealth management products, raising funds of 25.14 trillion yuan.
As of the end of March, a total of 321 institutions had existing wealth management products, with an existing scale of 28.37 trillion yuan, a year-on-year increase of 13.34%.
The comprehensive net worth transformation of wealth management products was steadily advanced, and the proportion of net worth products increased by 21.12 percentage points compared with the same period last year.
The number of investors continued to increase, and investment income remained stable.
In the first quarter, there were 5.58 million new wealth management investors in the whole market.
As of the end of March, the number of investors holding wealth management products (only wealth management products issued after October 1, 2018) reached 86.88 million, an increase of 6.86% over the beginning of the year.
Among them, there were 86.14 million individual investors, accounting for 99.15%; 740,000 institutional investors, accounting for 0.85%.
At the same time, in the first quarter, the income from the payment of wealth management products to investors was 205.8 billion yuan, a year-on-year decrease of 1.81%.
Among them, wealth management companies paid 100.4 billion yuan to investors, a year-on-year increase of 1.81 times, and banking institutions paid 105.4 billion yuan to investors.
We continued to improve the structure of wealth management products and actively fulfilled our social responsibilities.
In the first quarter, the term of bank wealth management products continued to lengthen, the product structure system was continuously enriched, and the quality and efficiency of serving the real economy were further deepened.
In March, the weighted average duration of newly issued closed-end products was 456 days, a year-on-year increase of 61.70%.
The extension of the product period is conducive to the collection of medium and long-term funds, and helps the stable development of the domestic real economy.
As of the end of March, bank wealth management products have supported the real economy by investing about 25 trillion yuan in assets such as bonds, non-standardized claims, and unlisted equity, a year-on-year increase of 4.61%; wealth management funds have invested more than 230 billion yuan in green bonds, and invested in epidemic prevention and control. The scale of special bonds such as control and rural revitalization is about 120 billion yuan, and the financial support for the development of small, medium and micro enterprises exceeds 3.3 trillion yuan.
Wang Junling