What are the four camps in Chinese mainland's high-end wealth management market?

The four major domestic consortia are China Merchants, China Resources, Poly and CITIC.

1. China Merchants Group (hereinafter referred to as "China Merchants Group") is an important state-owned backbone enterprise directly managed by the central government. Headquartered in Hong Kong, it is one of the earliest Chinese-funded enterprises established and operated in Hong Kong. It is a century-old central enterprise, a comprehensive central enterprise and a central enterprise stationed in Hong Kong.

2. China Resources generally refers to China Resources (Group) Co., Ltd. China Resources (Group) Co., Ltd. (hereinafter referred to as China Resources or China Resources Group).

3. Poly generally refers to China Poly Group Co., Ltd. ... The predecessor of China Poly Group is Poly Technology Co., Ltd., which was established in February 1983.

4. CITIC is one of the largest comprehensive enterprises in China. Its business covers comprehensive financial services, advanced intelligence, advanced materials, new consumption and new urbanization, and it is in a leading position in many industries closely related to China's economy.