China Wealth Management Market Hits $4.8 Trillion Despite Yield Drop

China’s banking wealth management market expanded to a record 33.29 trillion yuan ($4.8 trillion) in 2025, even as average investor returns slipped below 2% for the first time, highlighting the disconnect between asset growth and yield performance.

The industry’s growth underscores the continued enthusiasm of China’s roughly 143 million retail investors, many of whom remain drawn to low-risk banking products despite diminishing yields. This trend has prompted financial institutions to diversify beyond traditional fixed-income assets to sustain returns.