2024年首次突破10万亿元大关 标品信托逐渐成主流

Core Insights - The trust industry is accelerating its transformation, with standardized trust products becoming mainstream, as evidenced by a 10.44% month-on-month increase in the issuance of standardized trust products in July 2023, totaling 1,491 products [1] - The issuance of standardized trust products is driven by policy support, business transformation of trust companies, and significant market potential, leading to a gradual shift towards comprehensive investment and service-oriented trust business [1] Group 1: Growth of Standardized Trust Products - The issuance of standardized trust products has seen rapid growth, with a notable increase in equity-based standardized trust products following the issuance of regulatory guidelines in 2023 [1][2] - By the end of 2024, the market size of securities investment trust products is expected to exceed 10 trillion yuan, marking a continuous growth rate of over 50% for two consecutive years [2] - As of July 2023, the average yield of standardized trust products was 1.33%, with equity strategy products yielding an average of 3.89%, significantly outperforming bond strategy products [2][3] Group 2: Trust Companies' Focus on Standardized Trust Products - Trust companies are increasingly focusing on standardized trust products due to their lower complaint rates and reduced legal disputes compared to traditional trust business types [4] - By the end of 2024, the total scale of bond trust assets reached 9.15 trillion yuan, accounting for 41.13% of the total trust scale, indicating a strong preference for standardized fixed-income trust products [4] - Among 57 trust companies that disclosed annual reports, 79% actively mentioned standardized trust products, highlighting their strategic importance [5] Group 3: Strategic Directions and Digital Transformation - Several trust companies have identified standardized trust products as a core direction for transformation, with a focus on securities investment services and asset management [6] - The construction of standardized systems and digital transformation are becoming key competitive factors in the standardized trust market, with companies enhancing their risk management capabilities [6] - The industry is expected to continue developing standardized trust products while improving resource integration and operational efficiency, maintaining a focus on compliance and stability [6]