独家｜近34万亿元！银行理财规模再创新高

Core Viewpoint - The article highlights the significant shift of low-risk preference funds towards bank wealth management products, driven by the decline in deposit rates and the increasing attractiveness of these products, leading to a record high in the bank wealth management market, which has surpassed 33 trillion yuan [1][2]. Group 1: Market Growth and Trends - As of November, the top 14 wealth management companies have a combined scale of 25.86 trillion yuan, with a growth of approximately 340 billion yuan from October [2]. - The total net increase in scale for these companies in the first 11 months of the year is about 3.43 trillion yuan, with nearly half of this growth occurring in the fourth quarter [2][3]. - The wealth management market is expected to stabilize around 33 trillion yuan by the end of the year, with the potential for more companies to join the "2 trillion yuan club" [2]. Group 2: Product Performance and Types - Fixed income products remain the mainstream in bank wealth management, but there is a noticeable increase in equity asset allocation, with "fixed income plus" products seeing a net increase of 1.32 trillion yuan in the first 11 months [4][5]. - Mixed products have also shown significant growth, with a balance of approximately 820 billion yuan as of November, reflecting an increase of nearly 320 billion yuan since the beginning of the year [7]. - The introduction of new IPO underwriting regulations has allowed wealth management companies to participate in new stock subscriptions, with several companies actively engaging in both A-share and Hong Kong IPOs [8][9]. Group 3: Competitive Landscape - By the end of November, 14 wealth management companies have surpassed 1 trillion yuan in scale, with three companies expected to join the 2 trillion yuan club by 2024 [2][3]. - Companies like Guangda Wealth Management and Xinyin Wealth Management have shown substantial growth, with Guangda's scale nearing 2 trillion yuan [3]. - The top three companies in terms of scale are Zhaoyin Wealth Management, Xinyin Wealth Management, and Xinyin Wealth Management, with respective scales of 2.64 trillion yuan, 2.46 trillion yuan, and 2.32 trillion yuan [3].