Since August, thousands of wealth management products have completed the performance comparison benchmark switch. Most products bid farewell to intuitive range-type performance comparison benchmarks such as “1.45% — 2.55%” and instead use formalized performance comparison benchmarks linked to market-based indicators such as the China Debt Composite Index and LPR. In this round of adjustments, Bank of Guiyang's “Shuangyin Wealth - Zhou Zhoubao” became a rare sample in the market. The product previously implemented a performance comparison benchmark of 1.50% to 2.60%. As of September 1, the performance comparison benchmark for this product has been removed. The core driving force behind this round of collective “anchor change” for wealth management products comes from the “Administrative Measures on Asset Management Product Information Disclosure of Banks and Insurance Institutions”, which came into effect on September 1. Currently, bank financial management is accelerating the transformation to “fixed income +”. The return uncertainty of “+” assets such as equity and gold is high, making it difficult to apply traditional numerical performance expectations. However, linked index-based performance comparison benchmarks have raised the threshold of perception among ordinary investors. To this end, many financial management companies have optimized credit disclosure services, publicized calculation formulas, added charts of benchmarking benchmarks, and added popular interpretations of complex products to reduce the difficulty for customers to understand.

Since August, thousands of wealth management products have completed the performance comparison benchmark switch. Most products bid farewell to intuitive range-type performance comparison benchmarks such as “1.45% — 2.55%” and instead use formalized performance comparison benchmarks linked to market-based indicators such as the China Debt Composite Index and LPR. In this round of adjustments, Bank of Guiyang's “Shuangyin Wealth - Zhou Zhoubao” became a rare sample in the market. The product previously implemented a performance comparison benchmark of 1.50% to 2.60%. As of September 1, the performance comparison benchmark for this product has been removed. The core driving force behind this round of collective “anchor change” for wealth management products comes from the “Administrative Measures on Asset Management Product Information Disclosure of Banks and Insurance Institutions”, which came into effect on September 1. Currently, bank financial management is accelerating the transformation to “fixed income +”. The return uncertainty of “+” assets such as equity and gold is high, making it difficult to apply traditional numerical performance expectations. However, linked index-based performance comparison benchmarks have raised the threshold of perception among ordinary investors. To this end, many financial management companies have optimized credit disclosure services, publicized calculation formulas, added charts of benchmarking benchmarks, and added popular interpretations of complex products to reduce the difficulty for customers to understand.