New financial management frequently appears "defeated"

Recently, several banks' wealth management subsidiaries announced that the issuance of new wealth management products failed due to the subscription amount not meeting the minimum issuance scale specified in the product prospectus. Among them, fixed-income wealth management products have become a "hard-hit area" for issuance. Many industry insiders believe that the above phenomenon is the result of multiple factors such as supply side, demand side, distribution side, and market environment. In a low interest rate environment, the return space of fixed-income products is compressed, significantly reducing their attractiveness to investors. In addition, the serious homogenization of wealth management products and the mismatch between product supply and investor demand also contribute to the cold reception of product issuance.