As Moore Thread surged on the first day of its listing, the earnings of the participating bank financial management subsidiaries were also impressive. For example, the annualized revenue of Ningyin Wealth Management's “Ningying Individual Stock Selection Hybrid Open Wealth Management Product No. 1” reached more than 20%; the annualized revenue of Xingyin Wealth Management's “Fuli Xingcheng Alpha One-Month Holding Period No. 2 Hybrid Wealth Management Product” reached 23%. Since the second half of this year, the yield performance of equity wealth management products has been outstanding. According to Puyi Standard data, as of the end of September, the average annualized returns of hybrid and equity wealth management products were 5.03% and 13.72%, respectively, up 1.89 and 9.97 percentage points from the end of June. At the end of November, while the net value of most fixed income products declined, the net value of equity products was still 7.94 BP higher than the previous month.

As Moore Thread surged on the first day of its listing, the earnings of the participating bank financial management subsidiaries were also impressive. For example, the annualized revenue of Ningyin Wealth Management's “Ningying Individual Stock Selection Hybrid Open Wealth Management Product No. 1” reached more than 20%; the annualized revenue of Xingyin Wealth Management's “Fuli Xingcheng Alpha One-Month Holding Period No. 2 Hybrid Wealth Management Product” reached 23%. Since the second half of this year, the yield performance of equity wealth management products has been outstanding. According to Puyi Standard data, as of the end of September, the average annualized returns of hybrid and equity wealth management products were 5.03% and 13.72%, respectively, up 1.89 and 9.97 percentage points from the end of June. At the end of November, while the net value of most fixed income products declined, the net value of equity products was still 7.94 BP higher than the previous month.