The rectification of bank wealth management valuation has reached the halfway point, and some wealth management subsidiaries have already submitted their work ahead of time.

Reporters have learned from many financial professionals that the revaluation of bank wealth management products has made significant progress, and each institution is different, showing differentiation. For example, a wealth management professional at a joint-stock bank in Southern China told reporters that the company had already completed the entire rectification by the end of last year, and this requirement would not have a significant impact on current operations. A wealth management professional at a joint-stock bank in Eastern China told reporters that valuation supervision had become stricter, so the company recently moderately shortened the duration of bond investments and became more cautious in its investments in corporate bonds in order to reduce the net asset value fluctuations of its products. A wealth management professional at a city commercial bank in Northern China straightforwardly stated that completing the task on time is not difficult, as the amount of business and products involved is not substantial. Another wealth management professional at a city commercial bank in the same region stated that they will definitely complete the task on time according to regulatory requirements, and they will proceed steadily with the process without deliberately rushing to meet deadlines.