The proportion of structured deposits subscribed by listed companies exceeds that of the same period last year
According to Wind statistics, since the beginning of 2024, as of the time of publication, a total of 87 listed companies have subscribed to structured deposits totaling over 16.8 billion yuan. The proportion of subscription amounts to the total amount of wealth management products purchased by listed companies far exceeds that of the same period last year. From the perspective of Wind, the types of wealth management products purchased by listed companies are divided into 10 types: deposits, fixed deposits, structured deposits, call deposits, bank wealth management products, securities company wealth management, investment company wealth management, trusts, reverse repurchases, and fund special accounts. According to data statistics, since the beginning of 2024, as of publication, a total of 116 listed companies have subscribed to wealth management products. Among them, 87 companies subscribed to structured deposits.
11 bank wealth management companies with a total scale of 16.8 trillion yuan
According to exclusive data obtained by a Chinese journalist from a securities firm, the overall scale of 11 wealth management companies under state-owned and joint-stock banks reached 16.8 trillion yuan as of the end of December 2023, an increase of approximately 1.6 trillion yuan or 10.5% compared to the end of the first quarter of last year.
Wealth management companies layout internet sales agents
According to First Financial News, WeBank recently revealed that it has reached a cooperation agreement with Hengfeng Wealth Management for the sale of wealth management products, and has decided to cooperate from January 9, 2024 to January 9, 2027. During this period, Hengfeng Wealth Management will entrust WeBank to carry out wealth management product sales activities. Last year, WeBank and five wealth management companies, including Guangyin Wealth Management, successively reached sales cooperation agreements. Last year, Online Commercial Bank also reached cooperation with 11 wealth management companies, including Bank of China Wealth Management and Agricultural Bank of China Wealth Management.
The registered scale of charitable trusts has exceeded 6.5 billion yuan
According to insiders in the trust industry, the China Trust Industry Association and the China Charity Federation recently jointly released the "2023 China Charity Trust Development Report" (hereinafter referred to as the "Report"), as of December 31, 2023, the cumulative number of charitable trusts filed in China is 1655, with a cumulative filing scale of 6.52 billion yuan. Among them, 454 new registrations were added in 2023, an increase of 62 compared to 2022; The newly added filing scale is 1.277 billion yuan, an increase of 137 million yuan compared to 2022. The number and scale of new registrations in 2023 were higher than those in 2022, but the growth rate decreased. The number and scale of new registrations in 2022 were 392 and 1.14 billion yuan, respectively, an increase of 147 and 493 million yuan compared to the previous year.
China Huarong Renaming "CITIC Financial Assets" Approved
According to Interface News, on January 19th, the State Administration for Financial Supervision and Administration of China issued an approval for the name change of China Huarong Asset Management Co., Ltd., agreeing to change the company name to: Chinese name "China CITIC Financial Asset Management Co., Ltd." and English name "China CITIC Financial Asset Management Co., Ltd.". At the same time, it is agreed that the Chinese names of the 33 branches of the company will be changed accordingly. The company and its relevant branches shall apply for a new financial license at the issuing authority within 10 days from the date of receipt of the document. The company and its relevant branches shall handle the statutory change procedures in accordance with relevant regulations and report to the State Administration of Financial Regulation or its dispatched agencies in a timely manner as required.
The world's most profitable company announced an additional $4 billion in VC investment
According to the investment community, on January 17th, Aramco Ventures announced that Saudi Aramco has allocated an additional $4 billion to it. This will more than double the funds allocated to Ame Venture Capital, increasing its total investment capacity from $3 billion to $7 billion between 2024 and 2027. As a result, the total investment scale of Ame Venture Capital Company has increased to 7 billion US dollars from 2024 to 2027, and it is expected to invest nearly 50 billion RMB in the next four years.
BlackRock fully acquires GIP
According to the investment community, BlackRock, the world's largest asset management group, has announced its agreement to fully acquire Global Infrastructure Partners (GIP), the world's largest independent infrastructure investment management company, for a total price of approximately $12.5 billion (approximately RMB 89.6 billion).
A university department VC raises 1 billion yuan
According to the investment community, Huade Technology Innovation announced that its Huade Chengzhi Heavy Technology Fund has completed fundraising with a scale of 1 billion yuan. Fund investors include core incubation investment platforms under universities, Beijing Science and Technology Innovation Mother Fund, state-owned asset platforms, financial institutions, and industrial partners. The concept of "heavy technology" was proposed by Tsinghua Holdings, referring to "major, core, and key technologies related to national economy, people's livelihood, and national defense security", with the aim of focusing on technologies or projects with high thresholds, high barriers, "bottleneck" import substitution, strategic or industrial significance.