理财市场规模温和增长、收益短期承压，投资者如何“增收”？

Group 1 - The bond market has entered a new round of adjustment since November, with significant price declines in long-term bonds, putting pressure on the net value of bond-heavy wealth management products [2][5] - As of the end of November 2025, the total scale of bank wealth management products reached 31.65 trillion yuan, with a year-on-year increase of 1.82 trillion yuan, reflecting a growth rate of 6.1% [3] - The average annualized yield of wealth management products has dropped to 2.52%, a decrease of 0.19 percentage points from the previous month [5][6] Group 2 - The structure of wealth management products shows that fixed-income products remain dominant, with a total scale of 24.23 trillion yuan, accounting for 76.57% of the market [3][6] - The average annualized yield for cash management, fixed income, mixed, and equity products as of the end of November 2025 was 1.43%, 2.57%, 4.86%, and 18.09% respectively, indicating a decline in fixed income and mixed products [6][9] - The current wealth management market faces dual challenges: compressed yield space for fixed-income assets and increased difficulty in stock selection in the equity market [9][10] Group 3 - The asset allocation of wealth management products is primarily in fixed income, with investments in bonds, cash, and bank deposits amounting to 13.86 trillion yuan, 9.45 trillion yuan, and 4.50 trillion yuan respectively [10][11] - The "fixed income plus" product system, which combines fixed income with stocks, gold, and convertible bonds, is becoming mainstream and widely recognized by investors [11]