China Everbright Bank and Everbright Wealth in Beijing released a China Asset Management Market 2024–2025 report saying the industry could sustain annual growth above 5% over the next five years, driven by rising total household wealth, a larger share of financial assets, greater wealth-management penetration and valuation support. Households are reallocating wealth away from property and deposits toward diversified financial assets, following a gradual pathway: fixed income as the base, progres

China Everbright Bank and Everbright Wealth in Beijing released a China Asset Management Market 2024–2025 report saying the industry could sustain annual growth above 5% over the next five years, driven by rising total household wealth, a larger share of financial assets, greater wealth-management penetration and valuation support. Households are reallocating wealth away from property and deposits toward diversified financial assets, following a gradual pathway: fixed income as the base, progressive equity allocation and multi-strategy expansion. Against a backdrop of low deposit rates, retail demand remains focused on principal protection, keeping bank wealth-management and other fixed-income products as the primary safety cushion and main vehicle for flows. Expansion of personal pension schemes and a more developed ETF ecosystem should shift equity allocation from a niche of aggressive investors to marginal inflows from high-net-worth clients and long-duration institutional capital.