利率迈入“0字头”时代“新三金”成年轻人理财新配置

Core Viewpoint - The article highlights the decline in deposit interest rates in China, leading to the rise of a new asset allocation strategy called "New Three Golds," which includes money market funds, bond funds, and gold ETFs, particularly among younger generations [2][3][5]. Group 1: Interest Rate Environment - Several state-owned banks have recently removed five-year large-denomination certificates of deposit, with three-year deposit rates generally falling to the range of 1.5% to 1.75% [2][4]. - The current interest rate environment in China is at historical lows, with the six major state-owned banks reducing the interest rates on demand deposits to 0.05% and one-year fixed deposit rates dropping below 1% [3][5]. Group 2: Rise of "New Three Golds" - "New Three Golds" refers to a diversified asset allocation strategy involving money market funds, bond funds, and gold ETFs, aimed at achieving better returns than traditional deposits while controlling overall volatility [3][6]. - As of April 2025, over 9.37 million individuals born in the 1990s and 2000s have adopted the "New Three Golds" strategy on the Ant Wealth platform [2][3]. Group 3: Shift in Investment Behavior - There is a noticeable shift in investment behavior among residents, particularly young individuals, as they seek to preserve and grow their wealth amid declining deposit rates. In October 2025, household deposits decreased by 1.34 trillion yuan, while deposits in non-bank financial institutions increased by 1.85 trillion yuan [5][6]. - Discussions about asset allocation strategies, including "New Three Golds," are increasingly prevalent in online communities frequented by young people, indicating a growing interest in diversified investment approaches [3][6]. Group 4: Expert Insights and Recommendations - Experts suggest that the preference for "New Three Golds" among young investors may indicate a structural long-term change in investment behavior rather than just a temporary response to low interest rates [6][7]. - Financial experts recommend that investors should assess their risk tolerance and investment goals before diversifying their asset allocation, emphasizing the importance of rational decision-making over impulsive investments [6][7].