谁踩中了“硬科技”风口？2025年12月银行理财榜单来了

Group 1 - The capital market in December 2025 sees "hard technology" as the biggest trend, with investments focusing on high-growth sectors such as commercial aerospace, military industry, communication equipment, and robotics [1] - There is a clear shift in funding towards sectors with significantly improved fundamentals and low valuations, represented by non-ferrous metals and the chemical industry [1] - The bond market shows a high-level fluctuation in yields, with a slight increase in the 10-year government bond yield by 0.6 basis points to 1.85%, and a notable rise of 8 basis points in the 30-year government bond yield [1] Group 2 - As of the end of December 2025, there are 46,292 bank wealth management products in the market, an increase of 934 from November, with 22,871 being open-ended products [1] - Fixed-income products dominate the market, totaling 39,723, which is an increase of 829 from the previous month [1] - In December, 3,274 new wealth management products were launched, up by 507 from November, with wealth management subsidiaries accounting for 76.94% of the total issuance [1] Group 3 - The overall risk level of the products on the list has significantly increased compared to November, with 40% of products rated at level three (medium risk) and 2.86% at level four (medium-high risk) [12] - The competition among "fixed income plus" wealth management products is intense, with a further decline in retention rates for these products compared to November [13] - The investment strategies of the listed products reflect a dual focus on "growth + cycle," with significant allocations to both high-growth "hard technology" sectors and undervalued cyclical industries [17][18]