14 wealth management companies saw their assets increase by more than 280 billion yuan in August, with the proportion of cash assets hitting a new low for the year.

Following the increase in deposit volume due to partial "moving" in July, major bank wealth management companies continued to achieve net inflows in August. According to data from reliable sources within the industry, 12 out of the top 14 wealth management companies in terms of volume saw a net increase in outstanding balance in August, with a total increase in managed assets of approximately 285.7 billion yuan, bringing the total volume to 25.02 trillion yuan. It should be noted that the increase in managed assets for the above-mentioned companies in August was significantly smaller compared to July.