This year, the bank's wealth management "opening red envelope" did not materialize, and the scale of some leading companies has declined.

Journalists interviewed several state-owned major banks and top commercial banks' wealth management subsidiaries and learned that unlike in previous years when wealth management scale "fell before rising" around New Year's Day, the industry scale did not rebound in January this year. A summary of the situation shows that at least two companies have clearly reported a decline in scale in January, while some companies have said that their "opening red" effect was not ideal, and they have not seen an increase in scale. Some third-party statistical data also point to this result. Huaxi Securities' macro fixed income team's calculation shows that the wealth management scale in January continued to decline, with a monthly decrease of 114.2 billion yuan. A chief of a brokerage firm interviewed by journalists said that their statistics showed similar results, but did not disclose details.