Zhong Guo Jin Rong Xin Xi Wang·2025-08-07 11:23Core 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]