Market Scale and Growth
China's banking wealth management market reached a total scale of 33.66 trillion yuan as of June 30, 2026, according to a half-year report released by the China Wealth Management Registration, Custody and Settlement Center on July 28, 2026. The figure represents a 1.11% increase from the start of the year and a 9.75% year-on-year expansion.
The number of wealth management products in circulation stood at 51,200 units, managed by 153 banking institutions and 32 wealth management subsidiaries — up 10.58% from the beginning of 2026 and 22.49% year-on-year. A total of 18,200 new wealth management products were launched in the first half, raising 39.21 trillion yuan in capital.
Investor Returns
Wealth management products generated cumulative investment returns of 305.2 billion yuan for investors in H1 2026, with the average annualized net return rate reaching 2.05%. This figure reflects the broader trend of declining yields in China's financial markets, as the People's Bank of China maintained its accommodative monetary stance throughout the period.
Support for Real Economy
Wealth management funds channeled approximately 21 trillion yuan into the real economy through investments in bonds, non-standardized debt assets, and equity instruments, the report noted, underlining the sector's role as a critical intermediary for domestic capital allocation.
Key Market Data
| Metric | H1 2026 Data |
|---|---|
| Total AUM | 33.66 trillion yuan |
| Products in circulation | 51,200 units |
| New products launched (H1) | 18,200 units |
| Capital raised (H1) | 39.21 trillion yuan |
| Investor returns (H1) | 305.2 billion yuan |
| Average annualized yield | 2.05% |
| Real economy funding | ~21 trillion yuan |
Source: China Wealth Management Registration, Custody and Settlement Center, July 28, 2026.