Wealth management products are a kind of wealth management products designed and issued by commercial banks and formal financial institutions, which invest the raised funds in relevant financial markets, purchase relevant financial products according to product contracts, and then distribute them to investors according to contracts.
Wealth management products can generally be purchased through commercial banks or non-bank financial institutions.
Traditional channels include banks, insurance companies, securities companies, futures companies and fund companies.
Emerging channels include: third-party financial institutions and integrated financial service institutions.
The first category is fixed income financial products, including bank financial products and trust financial products.
The second category is capital preservation floating income wealth management products, which are mainly issued by banks.
The third category is non-guaranteed floating income wealth management products, mainly divided into bank wealth management products and securities investment wealth management products.