截至2025年末理财产品存续规模达33.29万亿元，较年初增加11.15%

Core Insights - The report indicates a significant growth in the banking wealth management market, with a total of 46,300 products and a scale of 33.29 trillion yuan by the end of 2025, marking increases of 14.89% and 11.15% respectively compared to the beginning of the year [1][2] Group 1: Market Overview - By the end of 2025, there are 159 banking institutions and 32 wealth management companies with active products, with wealth management companies holding 33,700 products and a scale of 30.71 trillion yuan, representing 92.25% of the market [1] - Fixed income products dominate the market, with a scale of 32.32 trillion yuan, accounting for 97.09% of the total, although this represents a slight decrease of 0.24 percentage points from the beginning of the year [1] Group 2: Investor Trends - The number of investors holding wealth management products reached 143 million by the end of 2025, reflecting a growth of 14.37% from the start of the year, with personal investors increasing by 17.69 million and institutional investors by 310,000 [2] - The majority of personal investors have a risk preference classified as level two (moderate), making up 33.54% of the total, with increases in conservative and aggressive investor categories [2] Group 3: Performance Metrics - The overall performance of wealth management products remained stable, generating a total return of 730.3 billion yuan for investors in 2025, which is a 2.87% increase from the previous year [2] - The average yield of wealth management products in 2025 was reported at 1.98% [2]