Lates News

As of the end of April, the total wealth management scale of the top 14 wealth management companies reached 23.58 trillion yuan, an increase of 1.89 trillion yuan from the end of March and an increase of 1.16 trillion yuan from the beginning of the year, significantly exceeding the growth rate of the same month in previous years. As the leading institutions contributing to the incremental growth of the wealth management market in April, six state-owned bank wealth management companies saw a total increase of approximately 1.13 trillion yuan, accounting for nearly 60% of the total of the 14 institutions mentioned above. Among them, the wealth management scale of ABC Wealth Management increased by over 17%, with an incremental amount exceeding 280 billion yuan. Both Jianxin Wealth Management and Bank of China Wealth Management saw increases of over 13%, with Bank of China Wealth Management's single-month increment ranking second only to ABC Wealth Management at approximately 220 billion yuan.