After the public funds announced their self purchase one after another, bank financial management companies also made a move!
Recently, Everbright financial launched the first shot of bank financial self purchase. Based on the confidence in the long-term development of the capital market, it invested in the sunshine red stock type and sunshine orange mixed financial products issued by the company with its own funds of no more than 200 million yuan. It is understood that by the end of last year, the management scale of Everbright financial management was close to 1.1 trillion, with a year-on-year increase of nearly 30%. The company is optimistic about the A-share market, believes that opportunities outweigh risks, and patiently looks for alpha opportunities in the structure.
based on long-term confidence in the capital market
Everbright wealth management purchased more than 200 million yuan
On March 23, Everbright financial released the announcement on using the company’s own funds to invest in the company’s stock and hybrid financial products.
According to the announcement, based on the confidence in the long-term healthy and stable development of China’s capital market, Everbright Financial Management Co., Ltd. will increase its holdings of financial products managed by the company and invest its own funds of no more than 200 million yuan in yangguanghong stock type and sunshine orange hybrid financial products issued by the company.
It is understood that this is the first bank financial subsidiary to announce self purchase of its financial products. The company said that Everbright financial management will shoulder the mission of creating sustainable value returns for investors, serving the national strategy with professional strength, and creating value for the majority of investors as always.
Not long ago, Everbright financial disclosed the annual report of 2021. It believed that the expectation of interest rate increase in the United States in 2022 was enhanced, China’s economic growth was facing challenges, and the easing policy was expected to continue, but the easing intensity would not be too large, the stock valuation would not have great expansion opportunities, and the overall probability of the market showed a volatile pattern, so it was necessary to look for structural opportunities.
Everbright financial also said that A-Shares are in a pattern with clear signals of stable policy growth, basically bottomed economy and loose liquidity or margin. A shares mainly depend on their own fundamentals, policies and liquidity. At present, the fundamentals are expected to rebound and the opportunities for blue chips are increased. The short-term market style may be switched, and the undervalued sector or periodically outperform the growth sector. The recent growth sector has a large adjustment range, but in the medium and long term, new energy, military industry and semiconductor with good prosperity will still dominate, so we should wait patiently for the end of the adjustment. With the support of policy and risk preference, the opportunity of A-Shares is greater than the risk, and the structure is more important than the index. Patiently look for the risk in the structure α opportunity.
On March 10, pan Dong, general manager of Everbright wealth management, said in an interview with the 50 people forum of China wealth management that at least two trends are foreseeable in the future: one is to believe in China’s growth. What is investment in China? The main assets of China’s wealth management products and even public funds are stocks and bonds, which are invested in Chinese enterprises to obtain value with the growth of enterprises, so we should have confidence; The second is the “5iabcde” we summarized, which represents 5g, industrial interconnection, AI, battery / biology, carbon neutralization and carbon emission reduction, digitization and ESG respectively. In these tracks, make friends with trends and don’t be too anxious.
Everbright financial management scale exceeded trillion
According to public information, Everbright wealth management was established in September 2019, with a registered capital of 5 billion yuan and a 100% shareholding of China Everbright Bank Company Limited Co.Ltd(601818) 100%. The company is registered in Qingdao, Shandong Province, and is mainly engaged in asset management related businesses such as issuing public financial products, issuing private financial products, financial consulting and consulting.
According to the 2021 semi annual report previously disclosed by China Everbright Bank Company Limited Co.Ltd(601818) disclosure, as of the end of the reporting period, the total assets of Everbright wealth management were 6.681 billion yuan, the net assets were 6.329 billion yuan, and the net profit during the reporting period was 691 million yuan.
By the end of June 2021, the asset scale of Everbright wealth management entrusted management was 877140 billion yuan. At the beginning of this year, according to relevant disclosure information, by the end of 2021, Everbright’s financial management scale had been close to 1.1 trillion, up nearly 30% from 838.1 billion yuan at the end of 2020.
In 2021, Everbright finance launched a multi asset and Multi Strategy track to create a variety of popular product lines that “sell out 10 billion yuan a day”, such as “sunshine orange earnings increase absolute income strategy” and “sunshine orange earnings increase steady No. 1”. At the same time, Everbright financial actively participated in the green financial theme investment such as ESG and carbon neutralization, with a scale of more than 10 billion yuan. It innovatively launched the first digital RMB financial products and the first public REITs products in the industry, participated in the first batch of specialized and special new enterprise investment in the Beijing stock exchange, obtained the pilot qualification of pension financial management in the first batch, and successfully issued two pension financial products.
In February this year, the CBRC issued the notice on expanding the pilot scope of elderly care financial products, which expanded from the original “four places and four institutions” to “ten places and ten institutions”. According to Everbright financial, the first elderly care financial products sold in the expanded areas were officially launched on March 9. In addition to Qingdao, the pilot areas also include Beijing, Shenyang, Changchun, Shanghai, Wuhan, Guangzhou, Chongqing, Chengdu and Shenzhen.
