Xin Lang Cai Jing·2025-08-28 02:57Core Viewpoint - The president of CITIC Bank, Lu Wei, emphasized the importance of increasing non-interest income through wealth management and financial market operations during the bank's 2025 semi-annual performance release [1] Group 1: Wealth Management Focus - The bank aims to focus on capital markets and significantly develop wealth management as a new growth driver [1] - With the continuous decline in deposit rates and the maturity of high-interest three-year deposits, there is a natural trend for funds to shift towards wealth management products [1] - The bank is collaborating with CITIC Financial Holdings and its subsidiaries to accelerate the growth of Assets Under Management (AUM), particularly in corporate wealth management [1] Group 2: Financial Market Operations - The bank is committed to maximizing benefits from financial market operations, with securities investment income now accounting for 40% of the bank's non-interest income, showing a significant increase [1] - The bank plans to strategically arrange investment strategies, leveraging its strengths in financial markets, and will continue to allocate resources to scale [1] - There will be an increased focus on trading positions and a diversification of products, including credit bonds, foreign currency bonds, and precious metals, with a particular emphasis on increasing investments in public funds [1]