专题：财富启新程 湾区共潮生 2025招商银行财富合作伙伴论坛 8月7日金融一线消息，招商银行在深举办"财富启新程湾区共潮生——2025财富合作伙伴论坛"，头部基金、理财、保险、私募机构齐聚粤港澳大湾区，共商 大财富管理高质量发展新征程。 华夏基金总经理李一梅出席论坛并发表主题演讲，她表示，二季度末，公募基金市场管理规模达到34万亿的历史新高，行业连续6个季度实现盈利，二季度 合计盈利将近40003900亿元。站在高质量发展的新征程起点，财富管理的结构性变革将更为深刻，让行业存在更大发展空间。财富管理行业中，制度 向"源"、产品向"需"、策略向"稳"、服务向"实"、数字向"深"这五个趋势值得关注。 以下为演讲实录： 尊敬的王良行长，王颖副行长，各位领导，各位嘉宾，大家下午好！ 今天非常激动和兴奋在这样一个场合聆听整个行业在财富管理大格局下的各种新思考，另一方面也非常感谢有这个机会向大家汇报一下，先道个歉，我们些 可能还非常不太成熟的想法和实践，也供大家参考和指正。 今年以来，我相信大家也觉得是一个非常令人振奋的市场环境，在宏观经济回升向好，特别是资本市场改革向纵深发展推进，的过程当中，我们一揽子稳定 市场政策 ...

Market Overview - The Hang Seng Index (HSI) closed at 24,979.45, down by 102.18 points or 0.41% as of August 7, 16:00 Eastern Time [1] - The index reached a high of 25,085.26 and a low of 24,911.17 during the trading session, with a trading volume of 35.48 million [1] - The 52-week high for the index is 25,638.77, while the 52-week low is 16,954.46, indicating a trading range of 0.69% [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 98.823, down 0.03% from the Hong Kong close [2] - Tencent Holdings closed at HKD 564.761, down 0.39% from the Hong Kong close [2] Stock Price Movements - Tencent Holdings (00700) saw a decrease of HKD 1.50, or 0.26%, with an ADR price of 564.761 [3] - Alibaba Group (09988) increased by HKD 2.50, or 2.14%, with an ADR price of 118.682 [3] - Xiaomi Group (01810) decreased by HKD 2.15, or 3.98%, with an ADR price of 51.476 [3] - AIA Group (01299) increased by HKD 0.95, or 1.29%, with an ADR price of 73.980 [3] - Meituan (03690) increased by HKD 0.90, or 0.74%, with an ADR price of 120.958 [3]

Core Insights - China Merchants Bank (CMB) has surpassed 16 trillion yuan in retail assets under management (AUM), serving over 200 million personal customers, marking a significant milestone in the banking sector [2][3] - The bank's retail business revenue for 2024 reached 196.83 billion yuan, showing a year-on-year growth of 1.29%, while other major banks reported declines in retail revenue [3][4] Retail AUM Growth - CMB's journey in wealth management has been closely tied to China's economic growth, achieving its first 5 trillion yuan in AUM in 9 years, the second in just 5 years, and the latest 5 trillion in over 3 years [3] - The bank's retail AUM includes deposits, wealth management products, and funds, serving as a key indicator of its retail business strength [3] Challenges in Wealth Management - Despite revenue growth, CMB's pre-tax profit from retail financial services declined by 9.56% in 2024, with a significant drop of 25.24% in fees and commissions from wealth management [4] - The wealth management industry is facing new trends and challenges, prompting a need for adaptation [4][6] Changing Customer Demands - Customer needs are evolving towards a more inclusive and diverse range of financial products, with increasing participation from younger demographics and ordinary families [7] - The number of bank wealth management product investors reached 125 million in 2024, while public fund investors exceeded 700 million [7] Low-Interest Rate Environment - The persistent low-interest rate environment is reshaping the wealth management landscape, with the 10-year government bond yield dropping from approximately 3.2% to 1.7% since 2021 [8] - This trend presents both challenges and opportunities for wealth management institutions [8] Development Logic Shift - The industry is transitioning from a "many small" model to a "few strong" model, emphasizing high-quality development and international competition [8] - The rise of AI is expected to significantly transform service methods, operational models, and investment decision-making processes in wealth management [8] Commitment to Core Values - CMB emphasizes its role as a builder of a strong financial nation, focusing on enhancing its capabilities and supporting the real economy [9] - The bank aims to create long-term value by shifting its focus from sales volume to asset management scale [10] Asset Allocation Services - CMB has developed a comprehensive asset allocation system, allowing customers to choose investment strategies that align with their risk preferences [11] - The bank's international network facilitates global asset allocation for its clients [11] AI Integration in Financial Services - CMB is implementing an "AI First" strategy, prioritizing AI capabilities to enhance its service offerings and operational efficiency [12] - The bank has launched a large-scale financial model and is exploring over 120 application scenarios for AI [12] Market Regulation and Ethical Practices - CMB is committed to maintaining market standards and ethical practices in wealth management, advocating for responsible competition and product integrity [12] - The bank has introduced favorable policies to promote healthy competition in the wealth management sector [12]

Core Viewpoint - The article discusses the high-quality development of wealth management in China, emphasizing the role of China Merchants Bank in this evolving landscape and its commitment to leveraging the Greater Bay Area's advantages to integrate into the global wealth management market [1][2]. Group 1: Company Overview - China Merchants Bank has strengthened its comprehensive strength over 38 years, ranking 8th in the latest global bank ranking by Tier 1 capital [2]. - The bank serves over 200 million individual customers, managing total retail customer assets exceeding 16 trillion yuan, with asset custody exceeding 24 trillion yuan and asset management nearing 4.5 trillion yuan [2]. - The bank's retail insurance distribution has surpassed 1 trillion yuan [2]. Group 2: Industry Trends - The wealth management industry in China is facing new trends and opportunities, driven by global economic and financial integration, with significant growth potential [2]. - The low-interest-rate environment in China is expected to have a profound impact on wealth management, increasing customer demand for enhanced management capabilities [2]. - The rapid advancement of technology, particularly AI, is anticipated to disrupt traditional wealth management practices [2]. Group 3: Business Strategies - The bank is shifting its wealth management model from focusing on transaction volume (GMV) to asset under management (AUM), emphasizing customer retention [3]. - A balanced business structure is maintained through a multi-asset and multi-strategy approach, utilizing the TREE asset allocation service system [3]. - The bank has developed seven product lines, including wealth management, funds, insurance, private equity, overseas investments, gold, and deposits, to ensure balanced growth in AUM and revenue [3]. Group 4: Customer Experience and Technology - The bank aims to enhance customer experience through a "certainty" supply strategy and improved product management and risk control [4]. - A monitoring system for key product mapping has been established to ensure standardized product management [4]. - The bank is advancing its digital transformation by building a "cloud + AI + middle platform" infrastructure, launching intelligent applications for wealth management [4]. Group 5: Industry Initiatives - The bank's president proposed five key roles for the industry: as builders of a strong financial nation, creators of long-term value, service providers for global asset allocation, pioneers in AI and finance, and practitioners of market norms [5][6]. - The bank emphasizes the importance of integrating into national financial strategies and supporting the development of the Greater Bay Area [5]. - The bank aims to leverage its large customer base to enhance wealth management experiences and facilitate global asset allocation services [6].

信告 司 ME it # 招商银行北京分行服务首都31周年 更多信息,请致电 95555,或登录 cmbchina.com 2019年1月1日 11時三年時 日本大大大 17時更多本地図書 日本十九十年 1956年登录福利 E 40 Fi 安 企业供图 ...

Core Insights - The forum hosted by China Merchants Bank (CMB) focused on the high-quality development of wealth management in the Guangdong-Hong Kong-Macao Greater Bay Area, emphasizing the need for collaboration among financial institutions to enhance global wealth management services [2] - CMB's President Wang Liang highlighted the bank's strong position in the global banking landscape, ranking 8th in Tier 1 capital according to The Banker, and managing over 16 trillion RMB in retail customer assets [2] - The wealth management industry in China is projected to grow at an annual rate of 8% to 10%, driven by increasing asset valuations and a favorable capital market environment [3] Industry Trends - The transition to a low-interest-rate environment in China poses challenges and opportunities for wealth management institutions, necessitating a balance between yield, safety, and liquidity [4] - Changing customer demands are pushing wealth management firms to enhance their service capabilities, focusing on a comprehensive experience that is long-term, stable, and sustainable [4] - The wealth management sector must accelerate its transformation towards high-quality development, shifting from local competition to international expansion and from a scale-driven approach to one centered on investor interests [4] Technological Impact - The rise of AI is expected to revolutionize wealth management, affecting service methods, business models, product forms, and investment decision-making processes [5] - CMB is committed to leveraging technology in its wealth management and asset management businesses, focusing on a long-term effective business model and enhancing customer experience through innovative product management and risk control [6] Strategic Initiatives - CMB aims to be a builder of a financial powerhouse, supporting the integration of capital and industry while enhancing its global competitiveness [7] - The bank is positioned as a service provider for global asset allocation, utilizing its international service framework centered around Hong Kong [8] - CMB is pursuing an "AI First" strategy to become a leading intelligent bank, collaborating with partners to share technology and build a cooperative ecosystem [8]

Core Insights - China Merchants Bank announced that its retail insurance distribution scale has surpassed 1 trillion RMB, reinforcing its leading position in the retail banking sector and showcasing its achievements in wealth management upgrades [1] Group 1 - The bank aims to establish a new benchmark for bancassurance services, providing clients with comprehensive, full-cycle, and multi-dimensional risk protection and wealth management solutions [1]

Core Viewpoint - The article highlights the significant achievements of China Merchants Bank (CMB) in wealth management, emphasizing its retail assets under management (AUM) surpassing 16 trillion yuan and its insurance distribution scale exceeding 1 trillion yuan, while discussing the trends and future directions of the wealth management industry in China [2][5][4]. Group 1: Key Achievements - CMB's retail AUM has exceeded 16 trillion yuan, with total asset custody surpassing 24 trillion yuan and asset management nearing 4.5 trillion yuan [4]. - The bank serves over 200 million individual customers, showcasing its extensive reach and service capabilities [4]. - CMB's retail insurance distribution has crossed the 1 trillion yuan mark, indicating a strong position in the insurance market [5]. Group 2: Industry Trends - The wealth management industry in China is experiencing significant growth potential, with the asset management scale accounting for 17.4% of the global market and expected annual growth of 8-10% [8]. - The transition to a low-interest-rate environment poses challenges and opportunities for wealth management institutions, necessitating a focus on creating low-risk, stable-return products [8]. - Customer demand is evolving towards a more comprehensive and global approach, requiring wealth management firms to enhance their service capabilities [8]. Group 3: Development Initiatives - CMB emphasizes the need for transformation in wealth management, advocating for a shift from local competition to international development and from scale-oriented to investor-centric approaches [9]. - The integration of AI technology is seen as a transformative force in wealth management, reshaping service methods, operational models, and product offerings [9]. - CMB is committed to high-quality development in wealth management, focusing on long-term effectiveness, balanced business structure, improved customer experience, and efficient technological support [10][11][12]. Group 4: Strategic Proposals - CMB proposes five initiatives for the future of wealth management, including becoming builders of a financial powerhouse, creators of long-term value, service providers for global asset allocation, pioneers in AI and finance, and practitioners of market norms [14][15].

Core Viewpoint - The forum hosted by China Merchants Bank emphasizes the new journey of high-quality development in wealth management within the Guangdong-Hong Kong-Macao Greater Bay Area, highlighting the region's economic strength and the bank's commitment to global wealth management integration [1] Group 1: Industry Trends and Opportunities - The wealth management industry in China is experiencing significant growth potential, with the asset management scale accounting for 17.4% of the global market and expected annual growth of 8%-10% [2] - The low interest rate environment in China since 2021 poses challenges and opportunities for wealth management institutions, necessitating a balance between risk, return, and liquidity [2] - Changing customer demands are driving wealth management capabilities to evolve towards a more comprehensive service experience, requiring institutions to adapt to a broader range of needs [2] Group 2: Transformation and Development - Wealth management institutions must accelerate their transformation towards high-quality development, shifting from local competition to internationalization and from scale-driven to investor-centric approaches [3] - The rise of AI technology is expected to revolutionize wealth management, impacting service methods, operational models, and investment decision-making processes [3] Group 3: Company Performance and Strategy - China Merchants Bank has adopted a long-term effective business model focused on asset under management (AUM), emphasizing customer retention over mere sales [4] - The bank maintains a balanced business structure through a diverse asset allocation service system, offering a wide range of products across seven categories [4] - Customer experience is enhanced through a focus on certainty in supply strategies and risk management, alongside innovative product offerings [5] - The bank is leveraging technology for efficiency, developing a digital infrastructure that integrates AI and cloud solutions to improve service delivery [5] Group 4: Future Vision - The bank's leadership advocates for a collaborative approach to building a strong financial nation, emphasizing the importance of professionalism, ecological development, and internationalization in wealth management [6]

Core Insights - China Merchants Bank (招商银行) announced at the 2025 Wealth Partners Forum that its retail insurance distribution scale has surpassed 1 trillion RMB [1] Company Summary - The retail insurance distribution scale of China Merchants Bank has reached over 1 trillion RMB, indicating significant growth in its insurance business [1]