Rebound from the decline! 14 major wealth management companies' February scale "recovers" by over 700 billion yuan

After a brief shadow of “opening the door but not seeing red” in January’s ongoing size, bank wealth management stabilized and rebounded in February. According to exclusive data compiled from industry-credible channels by a China Securities Journal reporter, in February this year, 14 wealth management firms with assets under management exceeding 1 trillion yuan (including 6 state-owned-bank wealth management subsidiaries and 8 joint-stock-bank wealth management subsidiaries) grew month-over-month by about 700 billion yuan, but the figure still fell by about 110 billion yuan compared with year-end last year. In 2026, when it is certain that returns under traditional coupon-and-interest strategies will be hard to achieve ideal results, the yields on fixed-income products continue to decline, and equity-linked wealth management products with higher yield sensitivity have become an important lever for wealth management firms to maintain scale and improve returns. Taking mixed wealth management products with higher equity participation rates as an example, in February as many as 32 products were issued—up sharply from 15 in January this year and from 18 for the whole month in February last year—reaching a relatively high level for product sales in a single month across all previous years. (People’s Finance Information)