投顾周刊：银行理财规模创历史新高

Group 1 - The scale of bank wealth management reached a historical high, with 14 wealth management companies managing over 10 trillion yuan, an increase of nearly 3 trillion yuan from the beginning of 2025, peaking at 34 trillion yuan in November 2025 [2] - The central bank implemented a "combination punch" to support high-quality economic development, including a 0.25 percentage point reduction in re-lending and rediscount rates, and an increase of 500 billion yuan in re-lending for agriculture and small enterprises [2] - The Shanghai, Shenzhen, and Beijing stock exchanges raised the minimum margin ratio for financing to 100%, aimed at reducing leverage and protecting investors' rights [3] Group 2 - Three departments are regulating the competition order in the new energy vehicle industry to resist disorderly "price wars," enhancing cost investigations and price monitoring [4] - As of January 14, 2026, 30 QDII funds have issued warnings about premium risks, indicating a market characterized by both heat and risk [5] - Insurance companies are focusing on refined services as they continue to downsize, with several companies approved to exit the market [6] Group 3 - The recent week saw a mixed performance in global stock markets, with the Shanghai Composite Index down 0.45% and the Shenzhen Component Index up 1.14% [8] - Recent trends in government bond yields showed a decline in 1-year, 5-year, and 10-year Chinese government bond yields, while the 10-year U.S. Treasury yield increased [11] - The recent week saw a stable performance in the Wande Fund Index, with various fund categories showing positive growth [12] Group 4 - In the commodity market, precious metals saw significant gains, with COMEX gold rising by 2.23% and silver by 13.37%, while international oil prices continued to rise [14] - The recent week saw solid performance in fixed-income funds, with 398 "fixed income plus" funds dominating the market, accounting for 56.70% of the total number of products [16] - Bank wealth management subsidiaries have become the core force in fundraising, with 561 subsidiaries participating in product issuance, accounting for 79.91% of all institutions [18]