Xin Lang Cai Jing·2025-08-12 06:32Core Viewpoint - The forum hosted by China Merchants Bank emphasizes the high-quality development of wealth management in the Guangdong-Hong Kong-Macao Greater Bay Area, highlighting the potential for growth in China's wealth management industry as it transitions to a globalized stage [1][2]. Group 1: Industry Trends and Changes - China's wealth management industry has significant growth potential as the country shifts from a financial power to a financial stronghold, with rising asset valuations and a recovering capital market attracting global funds [2]. - The low-interest-rate environment in China since 2021 poses challenges for wealth management institutions, impacting investment returns and operational pressures [2]. - Customer demand is evolving towards a more comprehensive approach, requiring wealth management firms to enhance their service capabilities to meet diverse needs [2]. - Wealth management must accelerate its transformation to achieve high-quality development, shifting from a focus on numerous small entities to fewer, stronger ones, and moving towards internationalization [2]. - The technological revolution, particularly AI, is expected to disrupt wealth management, transforming service methods, operational models, and decision-making processes [2]. Group 2: Company Strategies and Achievements - China Merchants Bank is committed to high-quality development in wealth management and asset management, achieving notable results through its strategic focus [2]. - The bank's business model is evolving to prioritize long-term effectiveness, emphasizing customer retention over mere sales [3]. - The bank maintains a balanced and robust business structure, utilizing a multi-asset and multi-strategy approach based on customer risk preferences [3]. - Customer experience is being enhanced through a focus on certainty in supply strategies and effective risk management [3]. - The bank is leveraging technology for efficiency, developing a digital foundation that incorporates cloud, AI, and centralized platforms [3]. Group 3: Future Directions and Collaborations - The bank aims to be a builder of a financial strong nation, integrating into national financial strategies to support the real economy and enhance global competitiveness [3]. - It seeks to create long-term value for clients by prioritizing customer needs and enhancing wealth management experiences [3]. - The bank is positioned as a service provider for global asset allocation, with an international layout centered around Hong Kong [3]. - It is pioneering in the "AI + Finance" space, implementing an "AI First" strategy to become a leading intelligent bank [3]. - The bank emphasizes regulatory compliance and self-discipline, promoting healthy competition within the industry [3].