Listed companies subscribe to financial management scale has decreased significantly, and the use of idle funds is becoming more cautious.

According to Wind data, as of May 11th, the scale of A-share listed companies' subscription to wealth management products this year is approximately 252.878 billion yuan, with nearly 600 companies participating. It is worth noting that compared to the same period last year, the scale of A-share listed companies' subscription to wealth management products has decreased by about 50% this year, and the number of participating companies and the quantity of subscribed products have also decreased accordingly. Industry insiders believe that against the backdrop of declining expected returns on wealth management products and stricter regulations, listed companies are becoming more cautious in their use of idle funds. At the same time, with the improvement in the prosperity of some industries, many listed companies are seeing a return of funds to their main businesses.