Group 1 - The core viewpoint of the article indicates a noticeable slowdown in the growth of residents' fixed deposits since 2024, while there is a rapid increase in demand for current deposits, bank wealth management products, and non-monetary funds, reflecting a shift in residents' asset allocation [1] - According to the analysis by the research department of CICC, the trend of residents entering the market can be observed through the changing dynamics of their savings [1] - The research department estimates that due to the growth of rights-based products, by 2026, wealth management institutions are expected to increase their equity asset allocation (stocks + mixed equity funds) by 0.8 percentage points to 2.3% [1] Group 2 - By 2027, with continued investment in research resources for equity products, the allocation is expected to further increase to 3.5%, potentially bringing nearly 1 trillion yuan of incremental funds to the capital market [1]
中金：居民资产配置切换迹象显现 资本市场有望迎万亿元潜在增量资金