Bank wealth management decreased by 810 billion in the first quarter, but bounced back strongly in April, bringing in incremental funds through deposit relocation.

According to Securities Times, influenced by factors such as the phase-adjustment of the bond market and financial management returning funds at the end of the quarter, the scale of bank wealth management sharply declined by the end of the first quarter compared to the beginning of the year. Recently, the China Banking Wealth Management Registration and Custody Center released the "Quarterly Report on China's Banking Wealth Management Market," showing that by the end of the first quarter of 2025, the total scale of bank wealth management in the market was 29.14 trillion yuan, a decrease of about 810 billion yuan from the beginning of the year, with the scale of wealth management companies decreasing by about 570 billion yuan. In addition, data obtained by Securities Times reporters earlier showed that the total balance of surviving products from the top 14 wealth management companies and their parent companies decreased by over 1 trillion yuan in just the month of March this year. It is worth noting that in April, the scale of bank wealth management rebounded strongly. At the same time, the phenomenon of deposit migration is expected to further bring incremental funds to bank wealth management.