Group 1 - The decline in deposit interest rates has led to a competitive "customer acquisition battle" among banks, with wealth management products becoming a popular alternative for investors [1] - As of the end of June, the scale of the bank wealth management market has returned to over 30 trillion yuan, with cash management products being a key focus for banks [1][2] - The average annualized yield for cash management wealth management products remains above 1%, making them attractive compared to the current deposit interest rate of 0.05% [1] Group 2 - Guangfa Bank announced an upgrade to its cash management product "Smart Gold" starting July 14, which will involve the removal of three money market fund products and the addition of three new ones [2][5] - Other banks are also optimizing their cash management products, with adjustments to sales channels and single account holding limits [5][8] - For example, the single account holding limit for "Zhaoying Daily Gold" products has been significantly increased, indicating a trend towards accommodating larger investments [5][7] Group 3 - Several banks, including Zhaoyin Wealth Management and Guangfa Wealth Management, have initiated a "fee reduction wave" to attract customers, with management fees being lowered to as low as 0% [8][9] - Guangfa Bank has issued over 40 announcements regarding fee reductions for various wealth management products, with reductions of up to 25 basis points [9] - The current fee reduction strategy is seen as a short-term measure to attract clients and respond to interest rate cuts, while also indicating a shift towards service optimization in the industry [9][10]

5月21日，农银理财发布多则公告，宣布旗下多款理财产品启动投资管理费率优惠计划。其 中，"添利天天利67号"现金管理类产品投资管理费率由0.3%（年化）大幅下调至0.01%（年化）； 托管费率从0.03%（年化）降至0.02%（年化）；销售服务费率从0.3%（年化）降至0.2%（年 化）。 建信理财近日发布了10余则减免产品费率的公告，涉及的多为固收类理财产品。其中一则公告显 示，2025年6月10日至2025年9月10日，"建信理财惠众日申月赎固收类产品第4期"的管理费率由 0.20%降至0.01%，销售费率降至0。 6月以来，中银理财已发布10款理财产品降费公告，基本也多为固收类理财产品。 例如，6月9日， 中银理财发布公告称，为回馈新老客户，公司将于2025年6月10日起对"中银理财-稳富全球配置 （180天持有期）"产品D份额费率进行优惠，即产品销售服务费率由0.15%下调至0.05%。本次费 率优惠截止时间将另行公告。 自5月20日存款利率开启新一轮下调以来，民生理财等多家银行理财子公司开启降费。 有银 行理 财子将产品的固定管理费降至0.01%，也就是说每年购买1万元理财，管理费仅需1元。 民生理 ...

2025年6月11日，民生理财将其一款纯固收类产品固定管理费率由0.5%降至0.05%(年化，下同)。 自5月20日存款利率开启新一轮下调以来，民生理财等多家银行理财子公司开启降费。有银行理财子将 产品的固定管理费降至0.01%，也就是说每年购买1万元理财，管理费仅需1元。 民生理财有关负责人对经济观察报记者表示，降费目前是行业趋势。上述产品是纯固收短债产品， 0.5%为合同费率，实际原执行费率0.15%，降费后执行费率0.05%。调整的主要目的是减费让利，将更 多的投资收益回馈给客户。 苏商银行特约研究员薛洪言表示，从市场竞争格局看，大型银行理财子公司因客群基础庞大，降费节奏 相对稳健，更多通过提升投研能力和服务质量巩固优势；而中小理财子公司为快速扩张规模，降费积极 性更高，甚至推出"限时优惠"等策略。 6月以来，中银理财已发布10款理财产品降费公告，基本也多为固收类理财产品。例如，6月9日，中银 理财发布公告称，为回馈新老客户，公司将于2025年6月10日起对"中银理财-稳富全球配置(180天持有 期)"产品D份额费率进行优惠，即产品销售服务费率由0.15%下调至0.05%。本次费率优惠截止时间将另 行公 ...