In the first eight months, 14 wealth management companies saw a net increase of nearly 2 trillion yuan in equity-containing products, while cash management products shrank by over 180 billion yuan.

Following the continued trend of deposit in July, bank wealth management products reached a new high in scale in August. On September 14, exclusive data compiled by the reporter from credible industry sources showed that the 14 wealth management companies with assets under management exceeding 1 trillion yuan had outstanding scales totaling approximately 27.4 trillion yuan as of the end of August, with net inflows continuing to exceed 280 billion yuan compared with July. Data from the Banking Wealth Management Registration and Custody Center showed that the outstanding scale of the entire market reached 33.66 trillion yuan at the end of June this year. Based on calculations using the reporter's exclusive data, even if only the incremental growth of the 14 wealth management companies over the past two months is counted, the total scale of the wealth management market has reached approximately 35.4 trillion yuan. In the first eight months of this year, the outstanding scale of the 14 major wealth management companies increased by a net approximately 1.96 trillion yuan. By category, equity-containing products increased by approximately more than 1.98 trillion yuan, non-cash pure bond products increased by only approximately 176 billion yuan from the beginning of the year, and cash products decreased by more than 180 billion yuan from the beginning of the year.