实验室的理性主义：当人生遭遇"精算"之外的风暴 在刘颖的前半生里，世界是可以用数据和逻辑来度量的。 作为上海大学材料科学与工程学院的高材生，她的职业起点令人艳羡——一家世界500强外企，一间世界一流的实验室。她的日 常，是与精密仪器为伴，在冷静的数据海洋中探寻规律。她的生活，光鲜、安稳，仿佛一层无形的玻璃，将窗外的喧嚣与人世的无 常隔绝开来。 这是一个由"理性主义"主导的世界。在实验室里，每一个变量都可以被控制，每一个结果都可以被预测。直到35岁那年，人生的"控 制变量"突然失序。 时代的指针悄然转动，企业经营战略的调整，带来了一场冰冷的裁员优化。那封通知邮件，就像一份无法辩驳的实验报告，宣告了 她过往职业生涯的终结。然而，命运的风暴往往结伴而来。几乎在同一时间，家人的重病复发通知单，成为了压在她心头的另一座 大山。 一扇门在身后关闭，另一扇门却通向风雨。 这是刘颖第一次深刻地体会到，精密的科学可以计算出材料的屈服强度，却无法精算出人生的脆弱拐点。 面对这突如其来的双重打击，刘颖没有沉溺于自怨自艾。她骨子里的"高知"特质，让她开始了一场深刻的"课题研究"——研究的对 象，是自己和更多人的未来。 她开始反思：真 ...

本报讯 （记者昌校宇）近日，中国外贸信托首单"双委托人"信托"福裕恒安2号"温暖落地。该产品聚焦家庭财富共管核心 需求，以"双委托人"架构为核心，深度融合信托制度优势与家庭温情，破解了传统家庭财富管理"一人管钱"的失衡难题，为不 同阶段、不同财富规模的家庭提供了"管得好""管得暖"且"易参与"的财富共管方案，为我国家庭财富管理开启"家庭共治"的新 路径。 "福裕恒安2号"的核心创新在于"双委托人"架构设计，将"家庭共同体"理念融入细节，通过长效机制、透明共建、稳定保障 三大核心特色，让金融工具焕发家庭温情。 第三大核心特色，在于信托的"双委托人"架构能更有效应对家庭关系变动带来的风险。该设计通过在信托合同中预先明确 对于出现家庭关系破裂、一方离世等情形下的处理方式，确保无论关系如何变化，信托财产均能保持独立与稳定，避免分割纠 纷或管理中断，持续为家庭成员提供生活、教育等支持。这不仅实现了资产的风险隔离，更体现了对家庭长远未来的郑重保 障。 （编辑 郭之宸） 第一大核心特色，在于信托能够发挥跨越生命周期的"长效机制"。"双委托人"架构从根本上解决了传统财富管理"生命周期 受限"的问题。两位委托人地位平等，即便一 ...

2025年10月，人民银行释放重磅信号，2026年初，将研究实施支持个人修复信用的政策措施，为疫情以来小额已还违约贷款"抹去"征信违约痕迹。业内认 为，这一政策背后，既能解当下房地产调整、居民收入波动下，个人信用瑕疵的民生痛点，也凸显出征信在普惠金融中的核心价值。过去，小微企业缺抵 押、新市民收入不稳，融资难成共性问题；如今，完善的征信体系不仅打破"信息孤岛"，更让无数普惠小微贷款精准落地，还能通过信用修复为困境群体开 辟"回头路"。 20251 ■ fi 正如北京信用学会副会长刘新海向北京商报记者指出，征信在普惠金融中的核心作用，是通过信息透明化降低信息不对称，让风险更可见、定价更精准、流 程更高效。 过去，小微企业和个体经营者"缺抵押、缺财务、缺数据"，金融机构难以准确判断风险。随着征信体系不断完善，小微群体的信用画像逐渐清晰，越来越 多"首贷户"被识别出来。同时，征信让利率真正"以风险为锚"，既能拿到合理价格，也避免"一刀切"的高定价。刘新海指出，在效率方面，征信数据支撑自 动审批，使普惠金融从传统的人工模式转向线上化、实时化。目前主流银行小微贷款的线上审批比例已普遍超过80%，部分机构实现了"30分钟 ...

今天分享的是：中国家庭财富与消费报告2025年第三季度 报告共计：64页 中国家庭财富与消费报告揭示三季度经济新动向：收入趋稳、消费回暖，一线城市引领复苏 近日，厦门大学经济学院与蚂蚁集团研究院联合发布了《2025年第三季度中国家庭财富与消费报告》，基于全国范围的调研数 据，深入分析了当前中国家庭的收入结构、资产配置、消费行为及未来预期。报告显示，家庭收入总体保持稳定，消费市场呈 现复苏迹象，居民财富管理意识增强，消费信心有所回升。 在家庭财富方面，工资性收入仍是主要来源，占比达62.1%，人均年收入为5.55万元。收入多元化趋势明显，约四分之一家庭依 赖工资、经营、财产等多渠道组合。一线城市家庭收入显著高于其他地区，尤其是中年群体作为职场中坚力量，收入稳中有 升。资产配置上，住房仍是家庭核心资产，近半数家庭拥有一套住房，无房贷家庭比例超过56%。金融资产配置趋于多元，现 金与存款仍是主流，但一线城市家庭在股票、基金、理财产品等方面的投资更为积极，持有率超过53%，反映出居民财富管理 能力的提升和市场信心的回暖。 消费市场在三季度出现积极变化，全样本家庭人均月消费支出为3004元，较上季度有所增长。一线城市消 ...

Core Viewpoint - Huatai Life Insurance has launched two new dividend-based insurance products, "Sui Sui Ying" and "Xin Sheng Shi," aimed at providing stable cash flow and wealth preservation for families in a low-interest-rate environment and an aging society [1][3][4]. Product Features - Both products utilize a dividend mechanism to address the needs for wealth appreciation and stable cash flow across different life stages, helping clients manage financial risks associated with longevity and low interest rates [3][4]. - "Sui Sui Ying" offers features such as quick access to benefits starting from the fifth year, a guaranteed cash value equal to the premiums paid, a stable annual payout of 1.75% of the total premiums until age 105, and annual cash dividends [5][7]. - "Xin Sheng Shi" is designed for retirement planning, providing increasing benefits with age, flexible withdrawal options, and additional longevity bonuses starting at age 99 [9][10]. Market Context - The current low-interest-rate environment and global economic volatility have shifted consumer investment preferences from high returns to more predictable growth, making dividend insurance an essential tool for family wealth management [4][11]. - Huatai Life's strong investment performance, with a comprehensive investment return rate of 12.73% in 2024, positions it favorably in the industry, enhancing its ability to deliver on product promises [12]. Strategic Focus - The company aims to innovate in the dividend insurance sector by aligning product offerings with customer needs, leveraging its investment management expertise, and ensuring robust operational practices [11][12]. - Huatai Life is committed to providing a comprehensive service ecosystem that includes health, retirement, and education services, enhancing the value proposition of its insurance products [10].

Group 1 - The article discusses the perception of having 1 million yuan in savings in China, highlighting that it places individuals in the top 10% of households in terms of financial assets [3][12] - It emphasizes that the majority of families have their wealth tied up in real estate, making liquid assets of 1 million yuan a significant achievement [3][12] - The article contrasts the psychological impact of having 1 million yuan based on the living conditions in different cities, noting that it can represent financial security in lower-tier cities but may feel inadequate in first-tier cities [6][9][12] Group 2 - The article warns against complacency with static savings, stating that money left in low-interest accounts is effectively losing value due to inflation [13] - It suggests a tiered approach to managing 1 million yuan, advocating for a mix of conservative and aggressive investment strategies to optimize returns [14][15] - The article concludes that having 1 million yuan is not an endpoint but a starting point for better financial management and investment in personal growth [17]

Core Insights - The article emphasizes the importance of not only accumulating wealth but also effectively managing and protecting it in an uncertain economic environment [1][12]. Group 1: Financial Challenges - Many families feel a sense of security with savings of four to five hundred thousand, but the real challenge lies in preserving and growing this wealth [1][12]. - There is a prevalent risk of falling into financial traps due to the allure of high-return investment opportunities, particularly for families with limited investment experience [3][5]. - The story of Mr. Zhang illustrates the dangers of investing in high-risk projects, leading to significant financial loss [3][5]. Group 2: Wealth Preservation Strategies - Establishing a rational financial perspective is crucial, as four to five hundred thousand may not be sufficient for major expenses like housing or education [8]. - A defensive asset allocation strategy is recommended, dividing assets into liquidity, safety, investment, and protection categories to manage risk effectively [8][10]. - Enhancing financial knowledge and the ability to discern investment opportunities is essential, particularly in recognizing scams and understanding the risks associated with high-return promises [8][10]. Group 3: Family Financial Management - Implementing a family financial communication mechanism can help avoid conflicts and promote informed decision-making regarding significant expenditures and investments [10]. - Wealth management should focus on the safety, liquidity, and purchasing power of funds rather than merely the account balance [10][12]. - The article concludes that true wealth management is about safeguarding future choices and dignity for families, rather than just accumulating numbers [12].

Core Points - The event celebrated the 20th anniversary of Great Wall Life Insurance, themed "Peace of Mind for Home, Dream Together" [1] - The activities included an immersive financial education experience for families, combining fun with learning [1] - The event aimed to teach children about ancient trading wisdom, risk and return, modern consumption planning, and the history of currency [1] - Financial experts provided insights on family wealth management and risk protection for parents [1] - The event successfully blended financial education, parent-child interaction, and insurance concepts, receiving positive feedback from attendees [1] - Great Wall Life Insurance plans to continue innovating customer service formats to provide valuable and warm experiences [1]

Core Insights - The report by Hurun Research Institute reveals a decline in the number of high-net-worth families in China, with a total of 2.066 million households having net assets exceeding 10 million RMB as of the end of 2024, marking a 0.8% decrease year-on-year and the second consecutive year of decline [1] - The threshold for wealthy families is set at 6 million RMB, with this group decreasing to 5.128 million households, a 0.3% drop year-on-year [3] - The number of ultra-high-net-worth families, defined as those with assets exceeding 100 million RMB, has fallen to 130,000, a decrease of 1.7% [3] Wealth Composition and Market Impact - Approximately 70% of Chinese household assets are tied up in real estate, making wealth highly sensitive to property market fluctuations [6] - The average price of second-hand homes in 100 cities has seen a cumulative decline of over 10% in the past two years, affecting household net worth significantly [6] - A hypothetical example illustrates that a property valued at 10 million RMB with a 5 million RMB mortgage results in a net asset of only 5 million RMB, which could decrease by 1 million RMB with a further 10% drop in property value [6] External Factors Influencing Wealth - International trade tensions are identified as another significant factor contributing to wealth erosion, with nearly 60% of high-net-worth individuals having backgrounds in manufacturing or foreign trade, leading to reduced corporate profits and impacting household balance sheets [8] Comparative Analysis - In comparison to the U.S., where approximately 8% of households have net assets exceeding 1 million USD, only about 1% of Chinese households have net assets over 6 million RMB, indicating a lower proportion of wealthy families relative to the population size [9] Future Outlook - The report forecasts that if real estate policies continue to relax, the number of high-net-worth families may stabilize by 2025, but it is unlikely to return to the peak levels seen in 2022 [10] - The focus of wealth management is shifting from "incremental competition" to "stock preservation," emphasizing the importance of global asset allocation, tax planning, and family inheritance strategies [10]

Core Insights - The trust mechanism is increasingly recognized for its unique value in wealth protection, inheritance planning, and charitable activities within China's financial system [1] - The recent issuance of the notification for real estate trust property registration pilot work addresses significant industry pain points [1][2] - The pilot aims to standardize the registration process for real estate trusts, ensuring accurate and complete registration information, thereby protecting the legal rights of trust parties [1] Industry Developments - The necessity of directly incorporating real estate into trusts is becoming more prominent, allowing for professional management of family assets and reducing the risk of wealth loss due to inadequate asset management by heirs [2] - The first real estate family service trust in Guangdong Province was successfully established, showcasing a model for innovation in the national real estate trust registration system [2] - The project integrates wealth inheritance, elder care, and charitable needs, providing a comprehensive solution for families in an aging society [3] Market Trends - The launch of the real estate trust property registration pilot and the first case reflects a significant milestone in improving China's trust system [3] - There is a noticeable shift in family wealth management from a focus on asset appreciation to comprehensive risk prevention and value realization [3] - Continued institutional innovation in real estate trusts is expected to enhance their role as a core tool for wealth protection and happiness inheritance for families [3]