30万亿银行理财平均年化收益率降了！

Core Insights - The report indicates that the scale of the banking wealth management market reached 30.67 trillion yuan by the end of June, a year-on-year increase of 7.53%, while the average annualized yield of wealth management products decreased to 2.12% from 2.65% in 2024 [1][2][3] Group 1: Market Performance - In the first half of 2025, wealth management products generated a total return of 389.6 billion yuan for investors, a 14.18% increase compared to the same period last year [2] - The decline in average annualized yield is attributed to a significant drop in bond yields, with the 10-year government bond yield falling to 2.1% and interbank certificates of deposit yields dropping below 2% [2][3] Group 2: Factors Influencing Yield - The decrease in yields is driven by lower returns on investable assets, including bank deposits and bonds, as well as reduced capital gains, with some products experiencing temporary losses [3][4] - The banking sector is facing challenges in maintaining stable returns due to the ongoing adjustment in valuation and the need to enhance net value resilience [4] Group 3: Strategic Adjustments - Wealth management institutions are actively seeking a balance between stability and yield, adjusting their strategies to cope with the pressures of declining yields and net value fluctuations [4][5] - There is a push to increase the allocation of equity assets within wealth management products, leveraging policy opportunities to attract long-term capital into the market [5] Group 4: Investor Considerations - Investors are encouraged to adopt a rational perspective on product yields and risks, making informed choices based on their investment needs and capabilities [5]