独家|“存款搬家”下的理财盛景：14家理财公司7月管理规模净增长约1.8万亿

Core Insights - The phenomenon of "deposit migration" has gained attention, with a notable decrease in new deposits from residents and an increase in deposits from non-bank institutions in July [1] - The total assets under management of bank wealth management products have exceeded expectations, with a significant increase in July compared to historical averages [1] Group 1: Deposit Migration - In July, new deposits from the resident sector decreased by 1.1 trillion yuan, while deposits from non-bank institutions increased by 2.14 trillion yuan [1] - Multiple brokerage reports suggest that resident deposits are migrating towards funds, wealth management, and other asset management products [1] Group 2: Wealth Management Growth - According to CITIC Securities, the scale of bank wealth management products grew by approximately 2 trillion yuan month-on-month in July, reaching 32.67 trillion yuan, surpassing the historical average growth of 1.75 trillion yuan for July from 2018 to 2024 [1] - The top 14 wealth management companies collectively experienced a net growth of nearly 1.8 trillion yuan in management scale in July [1] Group 3: Leading Wealth Management Companies - The top 14 wealth management companies include six major state-owned banks and eight joint-stock banks, such as CCB, ABC, and ICBC [1] - Agricultural Bank of China Wealth Management led the growth with an increase of over 300 billion yuan, followed by CCB Wealth Management with over 200 billion yuan [1] - Other companies, including ICBC, CMB, and BOC, also reported growth exceeding 100 billion yuan each in July [1]