Xin Lang Zheng Quan·2025-10-16 11:56Group 1 - The 2025 Sustainable Global Leaders Conference is scheduled to take place from October 16 to 18 in Shanghai, highlighting the need for improved trading services and products in the investment banking sector [3] - The president of Guolian Minsheng Securities, Ge Xiaobo, emphasized the lack of diversified trading and wealth management services, which restricts portfolio construction for clients [3] - Ge Xiaobo pointed out that the current offerings in the securities industry are insufficient, particularly in providing low beta and high correlation products, indicating a significant gap in service capabilities [3] Group 2 - Ge Xiaobo identified three main shortcomings in the wealth management services provided by the securities industry: a lack of buy-side advisory services, inadequate asset allocation capabilities, and insufficient trust between financial institutions and clients [4] - The average level of buy-side advisory in the securities industry is around 3%, compared to over 50% in international investment banks, highlighting a substantial disparity [4] - The industry primarily focuses on product promotion rather than comprehensive wealth management, which is seen as a significant limitation in service delivery [4]