市场规模达29万亿元 投资者数量创新高

Core Insights - The banking wealth management industry in China has shown stable growth, achieving a market size of 29 trillion yuan by the end of 2021, a year-on-year increase of 12.14% [1] - The transition period for regulatory compliance under the new asset management regulations has been largely completed, with the scale of guaranteed wealth management products reduced to zero and net value products accounting for 92.97% of the total [2] - The report indicates a significant increase in the number of investors holding wealth management products, reaching approximately 81.3 million by the end of 2021, with individual investors growing by 94.48% [5][6] Market Overview - The total number of new wealth management products issued in 2021 was 47,600, raising 12.219 trillion yuan, generating nearly 1 trillion yuan in returns for investors [1] - The proportion of bond assets in wealth management products has increased, with bond holdings rising by 4.13 percentage points year-on-year [3] - The report highlights that credit bonds accounted for 48.13% of total investment assets, with AA+ rated and above credit bonds making up 84.05% of the credit bond holdings [3] Regulatory Environment - The regulatory framework for wealth management has been strengthened, with a focus on professional supervision and risk management [7] - The China Banking and Insurance Regulatory Commission (CBIRC) will continue to approve new wealth management companies based on a "mature one, approve one" principle [7] - The report emphasizes the need for ongoing regulatory oversight to ensure compliance and mitigate risks in the wealth management sector [7][8] Future Outlook - The banking wealth management industry is expected to enter a new phase of quality improvement and upgrading in 2022, focusing on differentiated development and increased openness to foreign investment [8] - There will be an emphasis on enhancing asset allocation efficiency and flexibility, directing funds into key areas of the national economy [8][9] - The industry aims to better meet the diverse and high-quality development needs of wealth management, with a focus on social responsibility investments and supporting the real economy [8][9]