21世纪经济报道·2025-10-11 06:28Core Viewpoint - The article discusses the recent adjustments made by several banks, including Citic Bank, to the risk ratings of their sold asset management products, reflecting the increased volatility in the stock market and the need for better investor suitability management [1][4]. Group 1: Risk Rating Adjustments - Citic Bank announced it will adjust the risk ratings of 17 asset management products starting from October 15, 2025, with 15 products seeing an increase in risk rating and 2 products, specifically a mixed FOF fund managed by E Fund, being downgraded from PR3 to PR2 [1][3]. - Other banks, including Agricultural Bank of China, China Construction Bank, and Minsheng Bank, have also adjusted their fund risk ratings this year, primarily increasing them due to the significant rise in stock market indices [1][4]. Group 2: Regulatory Compliance and Investor Protection - The adjustments are in line with regulatory requirements aimed at enhancing investor suitability management and protecting investor rights, as stated by Citic Bank [2][5]. - The adjustments do not change the investment characteristics of the products purchased prior to the rating changes, ensuring that existing investors are not adversely affected [3][5]. Group 3: Market Context and Implications - The article highlights that the banking sector is facing increased regulatory scrutiny regarding the sale of asset management products, with a focus on ensuring that the risk levels of these products align with the risk tolerance of investors [5][6]. - The Financial Regulatory Authority has emphasized the importance of the suitability principle, which mandates that banks must ensure that high-risk products are not recommended to investors who cannot bear such risks [5][6].