Foreign-funded financial management scale skyrocketed: CCB, BNP Paribas, and Bank of Agriculture have exceeded 600 billion in just two years, while BlackRock and Jianxin have surpassed 500 billion.

Foreign-controlled wealth management companies continue to lead industry growth, with Credit Agricole and Bank of Nanjing Wealth Management particularly shining. As of July 2025, the AUM of this joint venture, established just two years ago, has exceeded 60 billion RMB, a growth of over 200% compared to the same period in 2024. In terms of product strategy, Credit Agricole and Bank of Nanjing Wealth Management focus on medium to low risk fixed-income products. The redemption rate of closed-end products due in 2024 reached 100%, and they plan to expand their QDII and ESG product lines to enhance their competitive advantage. At the same time, BlackRock-CICC Wealth Management's AUM has exceeded 50 billion RMB, with eight product lines, 288 products, and qualifications in both pension wealth management and personal pension business. The rapid expansion of these two foreign-owned institutions signifies that the Chinese wealth management market is accelerating its transformation towards specialization and globalization.