After the Spring Festival, residents’ idle funds are concentrated into allocation windows, and the banking wealth management market is ushering in a new wave of layout. Several wealth management companies are seizing the start of the construction season, launching various financial products intensively. A fierce competition for funds returning after the holiday has officially begun. From an institutional layout perspective, different types of wealth management companies show obvious differentiated competition: state-owned large bank wealth management companies focus on stable product lines and full-scenario coverage, while joint-stock bank wealth management companies focus on medium- and low-risk tracks, building product matrices through a combination of maturities and liquidity. (Securities Daily)
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Start-of-Work Season Bank Wealth Management "Customer Grab" Battle Heats Up
After the Spring Festival, residents’ idle funds are concentrated into allocation windows, and the banking wealth management market is ushering in a new wave of layout. Several wealth management companies are seizing the start of the construction season, launching various financial products intensively. A fierce competition for funds returning after the holiday has officially begun. From an institutional layout perspective, different types of wealth management companies show obvious differentiated competition: state-owned large bank wealth management companies focus on stable product lines and full-scenario coverage, while joint-stock bank wealth management companies focus on medium- and low-risk tracks, building product matrices through a combination of maturities and liquidity. (Securities Daily)