CITIC Securities estimates that at the end of September 2026, the scale of bank financial management fell by 200 billion yuan month-on-month to 35.4 trillion yuan, and the retracement was significantly lower than the average value of 790 billion yuan in September of the 2021-2025 calendar year. The retracement in the scale of financial management in September of this year was significantly weaker than historical seasonality, or was mainly supported by factors such as lower fees and concessions by financial planners, early bank reserves of debt, and relief of deposit diversion pressure due to fluctuations in the equity market. Looking at the product structure, the production ratio of fixed income and cash management wealth management products increased slightly in September, and the share of hybrid wealth management products shrank slightly. The scale of financial management is expected to continue to grow in the fourth quarter of this year, and the financial management scale for the whole year is expected to reach 36 trillion yuan.
智通財經·10/21/2026 00:17:04
語音播報
CITIC Securities estimates that at the end of September 2026, the scale of bank financial management fell by 200 billion yuan month-on-month to 35.4 trillion yuan, and the retracement was significantly lower than the average value of 790 billion yuan in September of the 2021-2025 calendar year. The retracement in the scale of financial management in September of this year was significantly weaker than historical seasonality, or was mainly supported by factors such as lower fees and concessions by financial planners, early bank reserves of debt, and relief of deposit diversion pressure due to fluctuations in the equity market. Looking at the product structure, the production ratio of fixed income and cash management wealth management products increased slightly in September, and the share of hybrid wealth management products shrank slightly. The scale of financial management is expected to continue to grow in the fourth quarter of this year, and the financial management scale for the whole year is expected to reach 36 trillion yuan.