【中信证券:3月理财规模季节性回落1.1万亿元 4月有望超额修复】 中信证券测算,2025年3月末,银行理财规模环比下降1.1万亿元至29.10万亿元。其中,现金理财规模下降3346亿元,占回落规模比例仅30%;纯固收产品规模下降4504亿元,含权的固收+产品规模下降3004亿元。中信证券分析认为,3月规模下降主要系季节性回落,近期债券收益率实现曲折修复,理财收益率小幅回暖,破净风险降低,预计4月理财规模将重新回到高点。展望全年,理财比价优势仍凸显,2025年规模有望突破32.5万亿,其中,固收+产品有望成为各大理财子发行的重点产品。

金融界
18 Apr
中信证券测算,2025年3月末,银行理财规模环比下降1.1万亿元至29.10万亿元。其中,现金理财规模下降3346亿元,占回落规模比例仅30%;纯固收产品规模下降4504亿元,含权的固收+产品规模下降3004亿元。中信证券分析认为,3月规模下降主要系季节性回落,近期债券收益率实现曲折修复,理财收益率小幅回暖,破净风险降低,预计4月理财规模将重新回到高点。展望全年,理财比价优势仍凸显,2025年规模有望突破32.5万亿,其中,固收+产品有望成为各大理财子发行的重点产品。

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