又见银行理财子公司参与IPO网下打新 业内人士认为，投研能力建设仍是关键

Group 1 - The core viewpoint of the articles is that bank wealth management subsidiaries are increasingly participating in offline IPO subscriptions, with Ningyin Wealth Management being the latest to join this trend, following Everbright Wealth Management [1][2] - Ningyin Wealth Management has successfully participated in three IPO projects in July, with effective bids from multiple mixed wealth management products, indicating a growing trend among banks to engage in equity markets [2][3] - The participation of bank wealth management subsidiaries in IPOs is expected to provide long-term capital support to the capital market, enhance investment options for investors, and contribute to the healthy development of the market [2][3] Group 2 - The regulatory environment has changed, allowing bank wealth management products to be included as priority allocation objects for IPOs, which is a significant shift in investment strategy [3][4] - Despite the new regulations, the actual participation of bank wealth management subsidiaries in IPOs remains limited due to compliance and operational challenges, which increase costs and complexity [3][4] - Experts suggest that bank wealth management subsidiaries need to enhance their research and investment capabilities, develop comprehensive strategies, and improve client education to effectively compete in the IPO subscription market [4][5]