"Account books" are gradually appearing, with the assets of financial management companies shrinking by over 200 billion yuan.

13 wealth management companies including China Everbright Wealth, Agricultural Bank Wealth, Pudong Wealth, Ping An Wealth, etc. disclosed their wealth management business reports for the first half of 2025. Among them, by the end of June 2025, 8 wealth management companies saw an increase in the scale of their wealth management products, with Fa Ba Agricultural Bank Wealth leading with a growth rate of 64.83%; 4 wealth management companies experienced a decrease in scale, with Agricultural Bank Wealth having the biggest decrease, reducing by about 216.3 billion yuan compared to the end of last year. In terms of product structure, most wealth management companies currently have a common feature, which is focusing on public fundraising methods and concentrating on fixed income wealth management products, although there may be slight differences in each specific company.