我国信托业规模逼近30万亿，超四成资金涌向证券市场

Core Insights - The trust industry in China is experiencing significant growth in asset scale and optimization of business structure, with total trust assets reaching 29.56 trillion yuan by the end of 2024, marking a 9.48% increase from mid-2024 and a 23.58% increase from the end of 2023 [1][2] - The shift towards a diversified and professional asset service trust model is evident, as the industry transitions from traditional non-standard financing to a more balanced approach between asset service trusts and asset management trusts [1][2] - The demand for comprehensive wealth management is rising among trust clients, driven by stable economic growth and increasing per capita income, indicating substantial growth potential for wealth management services within the trust sector [2] Asset Scale and Structure - By the end of 2024, the wealth management service trust scale exceeded 1 trillion yuan, with family trusts at 643.58 billion yuan and insurance trusts at 270.40 billion yuan [1] - The number of newly established wealth management service trusts in 2024 reached 45,300, with a total scale of 1.98 trillion yuan, significantly outpacing the establishment of asset management trusts [1] Securities Investment and Financial Performance - The trust industry is actively engaging in securities investment, with 66 trust companies managing over 10 trillion yuan in securities investment trusts by the end of 2024, primarily focused on bonds [2] - The total scale of funds in trust reached 22.25 trillion yuan by the end of 2024, reflecting a year-on-year growth of 28.02%, with over 5% of funds directed towards stocks and funds [2] - Despite an increase in operating income to 94.04 billion yuan (up 8.89% from 2023), the industry's profit declined by 45.52% to 23.09 billion yuan, attributed to the shift in business focus towards asset service trusts [2] Regulatory Support and Development - The trust industry is presented with new opportunities for high-quality development, supported by regulatory frameworks from the State Council aimed at enhancing risk prevention and promoting industry growth [3] - Pilot programs for trust property registration have begun in major cities like Beijing and Shanghai, facilitating the industry's standardization and transformation [3]