Listed companies buying bank wealth management decreased by 83%, do you understand the red flags here to buy wealth management?
It's a bit scary to see a statistic today. In the past five years, the scale of A-share listed companies subscribing to wealth management has decreased by more than 30% every year, and as of 2023, it is only less than 17% of 2019. What's the signal behind this?
No, if you look at this data, you will find that in addition to the fact that it is indeed difficult for listed companies in 2023, there is no idle funds, and the scale of financial management from 2019 to 2022 is still about the same. However, the types of wealth management of listed companies are relatively diverse, including bank deposits, bank wealth management, investment in securities companies, wealth management of investment companies, trusts, reverse repo and special fund accounts, and so on. Only bank wealth management is sharply reduced. Therefore, it is a problem in the bank's wealth management products, especially listed companies, which have a strong financial team, and their investment and financial management capabilities are generally better than ordinary people. Therefore, it no longer favors bank financial management, and naturally financial management is relatively chicken. At the end of 2022 and the beginning of 2023, bank wealth management lost a mess because of redemption and stampede, and even lost two or three years of income.
The loss of bank wealth management is actually because the amortized cost method will be deactivated in 2023 and the market value method will be enabled, so the volatility of bank wealth management will increase a lot. Once the volatility of bank wealth management increases, the risk of redemption stampede, that is, the risk of run, will occur frequently. Everyone must be aware of this risk. Our fixed income album has talked about the principle of fixed income, including the frequency of bank financial losses in the next two or three years, and many times at the end of the year and quarter, how do these predictions come about, we move to the official account to look at the album video, it is clear at a glance.