2006 Personal Financial Products Star Show
http://www.sina.com.cn 10:23, January 8, 2007 Sichuan News - Chengdu Business Daily
Last year, the personal financial products launched by major banks dazzled people. Throughout the year, hundreds of personal wealth management products were sold through banks, involving RMB wealth management, foreign currency wealth management, QDII, insurance, funds, trusts, etc.
The operation methods are different, and the gains are also different. In 2006, the reporter interviewed the relevant heads of several financial institutions, including China Merchants Bank, Everbright, Xingye, Minsheng, East Asia, Hengping, and asked them to talk about the most promising star personal financial products.
Star 1: fixed income products
The income of wealth management products directly affects people's investment desire. Looking back on 2006
In, no matter RMB or foreign currency, capital guaranteed products with fixed income became people's favorite.
Li Yan, a financial planner of Chengdu Branch of Industrial Bank, said that the bank's fixed income products invested in bonds, central bank bills and other fields last year dominated, with the term of one year and half a year. The financial planner analyzed that although this kind of product could not compare with last year's shares And funds, but investors are more secure because the income is locked in advance.
Deng Jun, the financial planner of Everbright Bank Chengdu Branch, also believes that when people are not very familiar with personal financial products in general, such products to ensure the safety of principal and income are naturally the first choice for everyone, at least cheaper than deposits.
Star II: concept product of IPO
In 2006, China Merchants Bank, Minsheng Bank, CITIC Bank and other banks launched personal financial products with the concept of new shares. Minsheng Bank Cai Tong, a financial planner of Chengdu Branch, pointed out that in general, ordinary people are very unlikely to participate in the winning bid of new shares. Banks will gather a large amount of funds in the form of selling financial products and participate in the new share sale in the name of institutions, which will lead to a much greater chance of winning the bid. This is also the main reason why banks are optimistic about this new type of financial products, "This year, there will be more personal financial products for IPO".
China Merchants Bank Liao Jia, a financial planner of Chengdu Branch, said that after the recovery in 2006, the domestic securities market will enter a long bull market, and a large amount of funds will drive the stock market to continue to rise. Participation in the subscription of new shares has the opportunity to allow banks and individual investors to obtain high returns. "This innovation is a win-win situation". It is said that the annual yield of a RMB wealth management product with new shares launched by the bank is close to 12%.
Star 3: QDII products
Before 2006, it was almost impossible for people in Chengdu to invest in overseas financial markets. The launch of QDII products completely changed this situation.
In 2006, the CBRC issued a policy to allow commercial banks to finance overseas on behalf of customers. The long-awaited QDII product finally came into people's lives. The Bank of East Asia is the first foreign bank in Chengdu to launch QDII business. The first phase of QDII products launched by them in 2006 made investors get 6% of the expected annual income in just 37 days. It is said that there are a large number of financial products with investment value in the foreign financial market. Since ordinary customers cannot buy them directly, they can now realize their investment desire through the QDII model, and obtain corresponding returns while taking risks.
According to the analysis of bankers, QDII is relatively flexible in terms of investment portfolio and may obtain higher returns than ordinary products. However, people should pay attention to investment RMB appreciation factor.
Star 4: trust financial products
In 2006, Hengping Trust sold 18 trust financial products and raised nearly 2.3 billion yuan, more than the total of the previous three years, with an average annual yield of more than 4.2%. Chen Chi, assistant to the president of Hengping Trust, said that compared with other financial products, the main reason why the trust is popular with investors is the higher capital security and income. It is understood that last year, the investment of trust funds was further expanded, involving infrastructure, land reserve, real estate development energy Development, bank credit asset transfer, securities investment and other fields. (Our reporter Yang Bin)
