Group 1 - The core viewpoint of the articles highlights the increasing trend of bank wealth management subsidiaries launching index-based financial products, driven by the ongoing transformation towards net value-based management and the acceleration of long-term capital entering the market [1][4]. - Index-based investment is gaining traction as a significant entry point for bank wealth management subsidiaries into the equity market, characterized by clear strategies, stable styles, and ease of understanding [1][4]. Group 2 - Recent activities include the launch of new index products by major bank wealth management subsidiaries such as China Merchants Bank Wealth Management and Bank of Communications Wealth Management, with specific indices developed for diversified asset allocation [2][3]. - The "China Merchants Bank Wealth Management Bay Area Global Asset Preferred Allocation Index" and the "China Chengxin - Bank of Communications Wealth Management Multi-Strategy Asset Allocation Index" are examples of newly introduced indices aimed at quantifying and diversifying risks across global assets [2][3]. Group 3 - As of May 2025, there are nearly 600 existing index-based financial products, reflecting an increase of over 100 products compared to the end of 2024, indicating a rise in both the number and popularity of these products [3]. - The trend of tracking mature indices is also noted, with new products launched that follow established indices such as the MSCI Dividend Index and the China Bond - National Development Bank Bond Total Wealth Index [3]. Group 4 - The average annualized return of newly issued index-based financial products in 2023 is reported at 16.72%, significantly higher than the overall market average of 2.85% [5]. - The demand for index-based investment is increasing, prompting a need for effective performance benchmarks and investment strategies, while balancing return elasticity and risk control remains a common challenge for bank wealth management subsidiaries [5].