银行理财打新“踩油门” 为何集体顶上科创板？

Group 1 - The core viewpoint of the articles highlights the increasing participation of wealth management companies in new stock IPOs, particularly focusing on technology companies and the STAR Market [1][2][3] - Wealth management products are increasingly adopting a "fixed income + new stock subscription" structure, with over 80% of funds allocated to bond assets and a small portion for new stock purchases, balancing returns and volatility [1][2] - The number of wealth management companies participating in new stock subscriptions remains limited, but leading institutions are setting a demonstration effect, with a noticeable increase in new products since September [1][2] Group 2 - There is a growing trend of wealth management products focusing on new stock subscriptions, particularly in sectors like semiconductors, new energy, and high-end manufacturing, reflecting a strategic alignment with national priorities [2][3] - The frequency of new stock subscriptions by bank wealth management subsidiaries in the STAR Market indicates a shift in asset allocation strategies from traditional fixed income to diversified equity investments [3] - The expectation is that by 2026, new stock subscription products will expand into various lines, competing directly with public offering funds and extending into strategic placements and private equity [3][4]