旗团 21世纪经济报道 公司现金类公墓理财 近六月业绩榜单 | 12 특 | 产品名称 | 三十八 | 起购金额 (元) | ×间内七 目年化妆 | | --- | --- | --- | --- | --- | | | | | | 益率均值 | | E | 高原见会4号N | 示银理财 | 0.01 | 2.921% | | | 启源货币3号G | 示银理财 | 0.01 | 2.832% | | | 招赢日日会82号观会管理类型财计 JA | 招假理财 0.01 | | 2.031% | | 4 | 原创可用意识 用途的景点的频 | 北银理财 | 0.01 | 2.024% | | 5 | 浦惠来了专属于旅游 Jul 2 68号 | 浦银理财 0.01 | | 1.942% | | 6 | 徽安现合营程考到 2018-04-19 A | 徽银理财 | 0.01 | 1.898% | | 7 | 添利12号净值型理财产品B | 兴银理财 | 0.01 | 1.853% | | | 三十一十六十十年日后人在那张国日十八 | | | | 美元现金类产品（含不同份额）当前共计存续30只，主要配置现金及银行存款、美 ...

Core Insights - As of October 30, there are a total of 5,722 public cash management products from wealth management companies in China [1] - The average annualized yield over the past six months for RMB cash management products is 1.378%, with only 16 products exceeding 2% [6] - The average annualized yield for USD cash management products is 3.879%, although this has been declining due to recent interest rate cuts by the Federal Reserve [5][6] RMB Cash Management Products - There are 5,691 RMB cash management products currently in existence [6] - The top five performing institutions in terms of average annualized yield over the past six months are: - Beiyin Wealth Management: 1.697% - Suyin Wealth Management: 1.667% - Yunan Rural Commercial Bank Wealth Management: 1.648% - Hengfeng Wealth Management: 1.613% - Nanyin Wealth Management: 1.606% [6] USD Cash Management Products - There are currently 30 USD cash management products, with only one product, "Bank of China Wealth Management - QDII Daily Plan (USD Version) U," yielding over 4% [5][6] - The average annualized yield for USD cash management products has been affected by the Federal Reserve's interest rate cuts, leading to a downward trend in overall yields [5] Top Performing Products - The top three RMB cash management products based on average annualized yield over the past six months are: - "Suyin Cash 4 No. N": 2.922% - "Suyin Currency 3 No. G": 2.875% - "Beiyin Wealth Management - Jinghua Vision Spring Series Easy Gold 3 No. A": 2.103% [6]

Core Insights - The article highlights the current state of cash management products in the market, focusing on both RMB and USD cash products, their performance, and the leading institutions in this sector [1][6]. Summary by Sections Cash Management Products Overview - As of October 30, there are a total of 5722 public cash management products available from various financial institutions [1]. - Among these, 5691 are RMB cash management products, with an average annualized yield of 1.378% over the past six months [6]. - There are 30 USD cash management products, with an average annualized yield of 3.879% over the same period, indicating a yield advantage over RMB products [6]. Performance of Leading Products - The top-performing cash management products include: - "启源现金4号N" from 苏银理财 with a yield of 2.922% - "启源货币3号G" from 苏银理财 with a yield of 2.875% - "京华远见" from 北银理财 with a yield of 2.103% [3][7]. - Only 16 RMB products have yields exceeding 2%, while 11 products have yields below 1% [6]. Institutional Performance - The top five institutions based on performance are: - 北银理财: 1.697% - 苏银理财: 1.667% - 渝农商理财: 1.648% - 恒丰理财: 1.613% - 南银理财: 1.606% [6]. - The remaining institutions have yields ranging from 1.2% to 1.6% [6]. Trends and Market Dynamics - The article notes a downward trend in USD cash management product yields due to recent interest rate cuts by the Federal Reserve, which have reduced the federal funds rate to 3.75%-4.00% [6]. - The only USD product yielding over 4% is "中银理财-QDII日计划(美元版)U," with a yield of 4.003% [6].

Core Insights - The report highlights the performance of cash management public financial products from various financial institutions over the past six months, indicating a competitive landscape in the cash management sector [1][5]. Group 1: Performance Metrics - As of October 30, 2025, there are a total of 5,722 public cash management products in existence, with an average annualized yield of 1.378% for RMB cash products [5]. - Among the RMB cash products, only 16 have an average annualized yield exceeding 2%, while 11 products yield below 1% [5]. - The top five performing institutions in terms of average annualized yield are Beiyin Wealth Management (1.697%), Suyin Wealth Management (1.667%), Yunan Rural Commercial Bank Wealth Management (1.648%), Hengfeng Wealth Management (1.613%), and Nanyin Wealth Management (1.606%) [5]. Group 2: Top Products - The top three cash management products based on average annualized yield over the past six months are: 1. Suyin Wealth Management's "Qiyuan Cash No. 4 N" at 2.922% 2. Suyin Wealth Management's "Qiyuan Currency No. 3 G" at 2.875% 3. Beiyin Wealth Management's "Jinghua Yuanspring Series Yitaojin No. 3" at 2.103% [6]. - Only five products in the current ranking have an average annualized yield above 2% [6]. Group 3: USD Cash Products - There are currently 30 USD cash products, with an average annualized yield of 3.879% over the past six months [5]. - The only USD cash product yielding over 4% is "Bank of China Wealth Management - QDII Daily Plan (USD Version) U," with an average annualized yield of 4.003% [5].

Overall Performance - As of October 23, there are a total of 6,593 public cash management products from wealth management companies, with 6,559 in RMB, 33 in USD, and 1 in AUD [5] - The average seven-day annualized yield for RMB cash products over the past three months is 1.335%, with only 34 products exceeding 2%, and nearly 90% of products yielding between 1% and 1.5% [5] - The average seven-day annualized yield for USD cash products is 3.842% [5] - The top three products by yield are "启源现金4号N" and "启源货币3号G" from 苏银理财, and "招赢日日金96号" from 招银理财, with yields of 2.971%, 2.777%, and 2.187% respectively [5] Product Analysis - "启源现金4号" from 苏银理财 has been consistently ranked among the top cash products since mid-September 2023, with a yield range of 1.26% to 2.99% as of September 30, 2023 [6] - As of October 23, the N share of "启源现金4号" has a yield of 2.98%, corresponding to a return of 0.8045 yuan per ten thousand [6] - The management has increased the proportion of high-yield asset management plans in response to rising market interest rates, although specific investment ratios were not disclosed [6] - "启源货币3号" was established in March 2025, with its top ten assets including cash, bank deposits, interbank certificates of deposit, and ordinary bonds from policy banks [6] - The G share of "启源货币3号" has a yield of 2.64% as of October 23, with a return of 0.7510 yuan per ten thousand [6] - The product has increased its investment in deposits and repurchase agreements while selectively allocating to bond assets during the third quarter [6]

Core Insights - The average annualized yield for public cash management products in RMB over the past three months is 1.364%, while USD cash products have an average yield of 3.894%, indicating a yield advantage for USD products [5] - Among the listed products, SuYin Wealth Management has two products in the top rankings, while other institutions like ZhaoYin Wealth Management, BeiYin Wealth Management, and others have one product each [5] Overall Performance - As of September 25, 2025, there are 6,517 RMB public cash management products, with only 39 products yielding over 2%, representing 0.6% of the total [5] - 1,143 products have yields between 1.5% and 2%, while over 80% of the products yield between 1% and 1.5%, totaling 5,298 products [5] Highlighted Product Analysis - The top two products are "QiYuan Cash No. 4 N" and "QiYuan Currency No. 3 G" from SuYin Wealth Management, with yields of 2.89% and 2.78% respectively [6] - The third-ranked product is "ZhaoYin Daily Gold No. 96 A," which has a yield of 2.16% and was launched in Q2 2025 with a fundraising scale of 14.3053 million [6] - "YangGuang BiLeHuo No. 195 I" from GuangDa Wealth Management, launched in Q2 2025, had significant fluctuations in yield, currently at 1.99% [6] - "HuiYin Cash Management Product No. 47-C" has shown considerable yield volatility since its launch, with an average yield of 2.01% over the past three months [10]

Overall Performance - The average seven-day annualized yield of RMB public cash management products from wealth management companies is 1.417% as of August 14, 2025 [2] - Out of 5559 RMB public cash products, only 77 products (1.4%) have a yield exceeding 2% in the last three months, while 1411 products (25.4%) fall within the 1.5% to 2% yield range, indicating that less than 30% of cash products yield over 1.5% [2] - Notably, six products from China Merchants Bank Wealth Management and Guangyin Wealth Management have an average yield below 1% over the past three months [2] Highlighted Product Analysis - The top three products in terms of average seven-day annualized yield are from Su Yin Wealth Management and Zhongyou Wealth Management, with yields of 2.949% and 2.870% respectively [3] - Su Yin Wealth Management's "Qiyuan Currency 3" was established on March 17, 2025, and had a scale of 5.21 billion yuan by the end of the second quarter [3] - The product's asset allocation strategy focuses on low-risk assets such as interbank certificates of deposit, interest rate bonds, repos, and bank deposits, while increasing the proportion of bond investments during a declining yield environment [3] - The product employs various strategies, including leverage, trading, and enhanced money market fund strategies, successfully achieving certain excess returns [3]

Overall Performance - As of July 31, the average annualized yield for public cash management products over the past three months is 1.443%, falling below 1.5% [6] - Among all RMB public cash products, only 97 products, accounting for 1.7%, have an average annualized yield exceeding 2% in the past three months [6] - There are 1,625 products with yields between 1.5% and 2%, representing 29.2% of the total, while 5 products have yields below 1% [6] Highlighted Product Analysis - The top three products, "Qiyuan Currency No. 3 G" and "Qiyuan Cash No. 6 N" from Su Yin Wealth Management, and "Post Bank Wealth·Post Hongbao No. 22 B" from China Post Wealth Management, have average annualized yields exceeding 2.5% over the past three months [7] - "Qiyuan Currency No. 3" was established on March 17, 2025, with a total size of 5.21 billion yuan by the end of Q2 [7] - The product's asset allocation strategy focuses on low-risk assets such as interbank certificates of deposit, interest rate bonds, repos, and bank deposits, while increasing the proportion of bond investments during a period of declining yields [7]