In the first half of the year, securities companies' asset management favor convertible bonds, with some "fixed income +" products earning a return of over 15% in six months.

In the first half of this year, the A-shares were mainly in a volatile market, with a slight upward trend at the end of June, and the Shanghai Composite Index finally rose by 2.76%. The bond market experienced adjustments in the first quarter and an upward trend in the second quarter, with the ChinaBond New Comprehensive Wealth Index rising by 1.05% in the first half of the year. Compared to pure bond products, "fixed income +" and actively managed equity products performed better. Especially in June, the net asset value of "fixed income +" and actively managed equity products increased significantly. Looking at the top-performing products in securities and insurance asset management in the first half of the year, products in the "fixed income +" category of securities collective wealth management products, with a heavy investment in convertible bonds, stood out with some products achieving a high yield of up to 15% in the first half of the year. Overall, in the first half of the year, securities collective wealth management products were mostly fixed income products, with a total of 334 products issued, accounting for 63.38% of the total, FOF products ranked second with a share of 18.22%, and hybrid products ranked third in terms of issuance volume.