不做“存款特种兵”了，去买银行理财短期产品

Core Viewpoint - The recent adjustments in deposit interest rates by major banks have led to a shift in investor behavior, with many moving from traditional savings to bank wealth management products as a response to declining rates [2][3][4]. Group 1: Deposit Rate Changes - As of May 20, 2025, the new deposit rates for RMB have been significantly lowered, with the interest rate for demand deposits dropping from 0.10% to 0.05%, and the rates for one-year and shorter fixed deposits falling below 1% [2]. - The three-year and five-year fixed deposit rates have been reduced to 1.25% and 1.30%, respectively, both down by 25 basis points [2]. Group 2: Shift to Wealth Management Products - With the decline in fixed deposit rates, bank wealth management products are regaining investor interest, prompting banks to introduce various incentives such as lower fees and short-term high-yield products to attract investors [3][8]. - Investors previously known as "deposit special forces" are now turning back to bank wealth management, seeking better returns amid the low-interest environment [4][5]. Group 3: Investor Behavior and Strategies - Investors like Mr. Guo, who have experience in both stock and wealth management markets, are adapting their strategies in response to changing market conditions, including a return to wealth management products after initially favoring deposits [4][6]. - The trend of favoring short-term wealth management products is driven by their liquidity and relatively controlled risk, aligning with current investor needs for flexibility [8]. Group 4: Bank Responses and Promotions - Banks and wealth management subsidiaries are actively promoting short-term high-yield products, with some offering annualized returns as high as 5.04% for short holding periods [8]. - Several banks have announced fee reductions for their wealth management products, aiming to enhance investor appeal and competitiveness in a declining interest rate environment [9].