Upward trend in WMPs set to continue

Wealth management products market regains momentum in first half

China's wealth management products market regained momentum during the first half of the year, with the balance of outstanding bank wealth management products reaching 30.67 trillion yuan ($4.31 trillion) by the end of June. The figure marked a 2.38 percent increase from the beginning of the year.

The upward trend in overall market scale is likely to persist through the rest of 2025, said Yang Haiping, a researcher at the Shanghai-based SIFL Institute.

With deposit rates under persistent downward pressure, some investors are actively seeking alternatives to traditional deposits, while bank-affiliated wealth management subsidiaries are continuously innovating products and improving services to enhance their appeal. The recent positive shifts in financial markets also present an opportunity to upgrade the wealth management product system, said Yang.