CMB, CITIC, and CGB's sales of wealth management products have surged by 10% since the beginning of the year, and six joint-stock banks have not yet reached the level of September.

On December 5th, Jinshi Data reported that in November, the bank wealth management sales scale of 9 joint-stock banks increased to 10.42 trillion yuan, a rise of 1.20% compared to the previous month and a rise of 8.64% compared to the beginning of the year. In October, the bank wealth management sales experienced a brief decline, with the overall sales scale of 10.29 trillion yuan, a decrease of 0.77% compared to September. The 9 joint-stock banks included in the statistics are: China Merchants Bank, Industrial Bank, CITIC Bank, Shanghai Pudong Development Bank, China Minsheng Bank, Everbright Bank, Ping An Bank, Huaxia Bank, and Guangfa Bank. Since the beginning of this year, the overall sales scale of joint-stock banks has maintained a significant rise. Among them, China Merchants Bank, CITIC Bank, and Guangfa Bank have all seen an increase in the scale of wealth management product sales of more than 10% since the beginning of the year, with growth rates of 12.2%, 10.6%, and 15.2% respectively.