"Bank wealth management seeks new positioning with 32 trillion yuan"

As of the end of the third quarter of this year, the total size of the bank's wealth management market reached 32.13 trillion yuan, hitting a historical high. From the scale of 27.65 trillion yuan after the "redemption tide" at the end of 2022, to now exceeding 32 trillion yuan, the bank's wealth management market has completed a profound industry baptism in 3 years. In stark contrast to the expansion of scale, the returns of bank wealth management products are under continuous pressure. Especially in the first three quarters of this year, the returns created for investors decreased each quarter, from 206 billion yuan in the first quarter to 179.2 billion yuan in the third quarter. While the scale continues to expand, and the returns continue to decline, the bank's wealth management industry is pondering positioning issues in ups and downs.