调研上市公司超2000次！银行理财加速布局权益市场

Core Insights - In 2023, 25 bank wealth management companies conducted a total of 2,123 surveys on A-share listed companies, covering 1,769 individual stocks, with a focus on technology, pharmaceuticals, new energy, and high-end manufacturing sectors [2][3] - The increase in surveys reflects a significant inflow of wealth management funds into the equity market, alongside a growing number of rights-based wealth management products, with 48 equity-based products currently in circulation [1][4] Group 1: Survey Activities - The top seven wealth management companies conducted over 100 surveys each, with Ningyin Wealth Management leading with over 300 surveys, focusing on companies like Zhongji Vehicles, Ruimaite, and Xintian Green Energy [2] - The Shenzhen Main Board and the Sci-Tech Innovation Board are the primary targets for these surveys, with 494 and 459 surveyed stocks respectively, accounting for over 53% of the total [2] Group 2: Strategic Considerations - Wealth management companies are increasing their survey efforts to address shortcomings in equity research, enhance stock selection capabilities, leverage "investment-loan linkage" advantages, and adapt to low-interest and net value trends to improve product competitiveness [3] - The scarcity of quality fixed-income assets has made equity assets a crucial source for enhancing returns [3] Group 3: Product Development - There has been a notable increase in the issuance of mixed and "fixed income plus" rights-based wealth management products since August 2023, with expectations of over 100 billion yuan in wealth management funds allocated to equity assets by the second half of 2025 and throughout 2026 [4] - Wealth management companies are diversifying their participation in the equity market, engaging in index investments, participating in A-share offline IPOs, and acting as cornerstone investors in Hong Kong IPOs, exemplified by Zhongyou Wealth Management's investment in Chery Automobile's IPO [4]