Maintain the good start in January! Banking wealth management may have exceeded 30 trillion, and the number of trillion-level companies has expanded to 13.

Jinshi data February 18th news, according to data collected from channels, the total balance of 14 major wealth management companies' existing products at the end of January increased by about 76 billion yuan compared to the end of last year, with a total scale of 22.5 trillion yuan, accounting for over 80% of the share of wealth management companies. Based on the above increase, combined with the 2024 annual report data of the wealth management market of 29.94 trillion yuan, it is estimated that the total scale of the wealth management market may have returned to the 30 trillion mark in January this year, or at least approached 30 trillion yuan, assuming that there has been no significant reduction in the outstanding balance of wealth management companies and banking institutions. According to the reporter's tracking and understanding, in 2024, many institutions such as Huaxia Wealth Management, China Post Wealth Management, Pu Yin Wealth Management, and Jiaying Wealth Management experienced scale increases of over 30%. At the end of January this year, China Post Wealth Management broke through 1 trillion yuan, becoming the 13th wealth management company with a scale of over 1 trillion yuan, following Minsheng Wealth Management; at the same time, Xinyin Wealth Management, which is only second to Everbright Wealth Management and Industrial Bank Wealth Management, also broke through the 2 trillion mark in January this year, returning to the third place in the industry.