Core Viewpoint - The financial sector is undergoing profound changes driven by the dual context of global "dual carbon" goals and the digital technology revolution, with sustainable finance focusing on ESG becoming a focal point for global financial innovation [1] Group 1: Conference Overview - The 2025 Shanghai Business School International Finance Academic Conference (SBSICF) and the sixth International Scholar "Shangshang" Forum were held in Shanghai, attracting over a hundred experts and scholars from universities and research institutions in the US, Australia, and China [1] - The conference centered on the theme of "New Developments in Behavioral Finance and Sustainable Finance," aiming to provide a platform for scholars and industry professionals to exchange ideas and discuss the latest research findings and economic policy implementations [1] Group 2: Key Presentations and Discussions - Dr. Cui Kailong, Senior Vice President of a data technology company, delivered a special presentation on "Data Assets and Industrial Digital Transformation," emphasizing the higher demands of the digital economy on financial system innovation and the new opportunities provided by artificial intelligence technology for fintech [2] - Notable speakers included Professor Brian Bruce, Director of the Investment Research Center in the US, and Professor Paresh Narayan from Monash University, who contributed to discussions on corporate governance and carbon emissions, revealing significant impacts of executive family background on corporate carbon reduction decisions [3] Group 3: Research Findings and Policy Implications - Scholars highlighted that standardized information disclosure can reduce stock price volatility and enhance capital market pricing efficiency, while companies with good ESG performance can lower their suppliers' debt financing costs, providing a basis for policy formulation [3] - Discussions also covered the effects of environmental judicial reforms and bankruptcy enforcement reforms on corporate cross-regional investments and technological entrepreneurship, offering insights into the practical effectiveness of these reforms [3][4] Group 4: Future Directions - The conference facilitated interdisciplinary dialogue, promoting the deep integration of financial theory and Chinese practice, with a focus on behavioral finance, climate risk measurement, green finance innovation, and ESG investment strategies [4] - The Shanghai Business School's Financial Research Institute plans to continue focusing on "dual carbon" strategies and digital finance frontiers, aiming to cultivate innovative talents with social responsibility and professional skills to contribute to global financial sustainability [4]

Core Insights - The article discusses the recent trend of banks and wealth management subsidiaries launching financial products during the "May Day" holiday to optimize asset allocation for investors [1][2][4] - There is a notable increase in the issuance of short-term high-yield products, focusing on low to medium risk areas, balancing returns and safety [1][3] - The diversification of investment strategies in wealth management products is highlighted, catering to various investor needs and preferences [3][4] Group 1: Product Performance - Several banks have introduced high-performance financial products with attractive historical returns, such as 招银理财 offering products with a seven-day annualized yield of up to 3.4% and 平安理财 with yields reaching 6.12% [2][3] - The overall market for bank wealth management products has seen a growth in the number of existing products, reaching 40,600, with a total scale of 29.14 trillion yuan, reflecting a year-on-year increase of 9.41% [4] Group 2: Market Dynamics - The increase in investor participation is evident, with a 6.73% year-on-year growth in the number of investors, indicating a rising acceptance of wealth management products [4] - The continuous decline in deposit interest rates has enhanced the attractiveness of bank wealth management products, suggesting potential for ongoing market expansion [4] Group 3: Strategic Developments - Banks are adopting differentiated strategies in product design, with offerings ranging from pure fixed income to ESG investment strategies, addressing diverse risk appetites among investors [3] - The introduction of high-performance benchmark products during the holiday period aims to attract more funds and clients, enhancing competitive positioning in a challenging market environment [3][4]