| After the first complete accounting year, the wealth management of the subsidiary company in the banking system shows new characteristics in product scale, capital investment direction, term, profitability etc. In the early stage of development, the wealth management of the subsidiary company faced many challenges, such as net worth transformation, investors’ rigid payment expectation, fierce competition among peers, etc., but its license value helped to deal with external challenges. In the future, the wealth management of the subsidiary company should reshape its relationship with the parent bank, change its excessive dependence on the parent bank, adapt to the characteristics of the asset management industry, accelerate the professional capability development in organizational structure, talent team, investment and research competence and risk control, and strengthen the development foundation. |
