The Pattern Of Bank Financial Products Is Difficult To Detect. Dollar Investment Opportunities

Affected by the macroeconomic environment and the impact of Internet finance, the financial market has pformed from the high speed expansion in the past to the steady development at present.

In 2015, the market circulation of financial products was flat, while the overall yield of RMB financial products decreased significantly.

Insiders expect that in 2016, the downward trend of the yield of RMB financial products will continue, but the rate of decline will be narrowed. The US dollar financial products will benefit from the appreciation or appreciation of the US dollar.

The pattern of bank financial products is still being further adjusted, and there will be more net worth products.

In 2015, a total of 182 banks issued 60798 financial products. According to the statistics, the 178 banks issued 60911 financial products in 2014.

In terms of the total amount of hair, the proportion of the distribution of various types of products and the proportion of the product circulation in each period, there was no significant change in 2015 and 2014.

However, from the point of view of yield, the average expected yield of RMB non structured financial products as a main issue is decreasing in 2015.

Data show that the average expected rate of return has dropped from 5.25% at the beginning of the year to 4.35% at the end of the year, down 0.9 percentage points.

As the stock market peaked in mid 6 2015, the bank financial income also began to fall rapidly.

Looking forward to 2016, Wang Yaozeng, general manager of Huaxia Bank's personal business department, told reporters that, overall, the issuance of bank financial products in 2016 will still show growth trend, but the growth rate will decline.

Partly due to the impact of Internet finance, it is mainly due to changes in the preferences of investment goods caused by changes in external economy and market environment.

Zhejiang Commercial Bank responsible person said that in 2016 monetary policy will be relatively relaxed, liquidity in the market is more abundant, taking into account the use of regulatory policy orientation will become increasingly mature, local regional and industrial mobility will be very secure; from the trend, market interest rates will continue to decline, which will lead to lower earnings of financial products.

However, the official also said that the downward trend of domestic interest rates was inhibited by the trend of the US dollar interest rate increase in the long run.

The expected rate of decline or decline in yields will be weakened. The annual yield of financial products may show a trend of "first down and then flat". Investors should start from their own financial situation in the process of choosing products with different maturities, and do not blindly pursue products with long term and high returns.

Yan Zi Jie, a financial analyst at Bank of China, also said that further reduction of interest rates in 2016 is a big probability event, but the intensity should be less than that in 2015.

The earnings of financial products will still be in a downward trend, but the decline will be narrowed than in the second half of 2015, and the future yield will probably remain at around 4%.

Insiders interviewed by reporters said that the trend of the net value of financial products that had been formed in the past year will continue. Net value products will be more obvious for the replacement of the expected revenue products in the past.

The net value of financial products is an important process to return to the source of customer resources management. Many banks' financial products are gradually pforming from a single closure to an open one.

Zhejiang Merchants Bank predicts that there will be more net worth financial products in the banking market this year. These products will continue to innovate in the choice and trading structure of the assets they invest.

"In the context of interest rate liberalization and risk-free interest rates, the earnings of financial products mainly based on expected revenue products have been declining, and the risk preference of investors has improved."

Wang Yaozeng said that for banks, it is necessary to change the structure of products that are currently based on the expected return to the structure based on net value products, and at the same time improve their risk management ability, so as to give customers a safe, steady and sustained return.

In addition, there will be a breakthrough in the financial management market in 2016.

Zhejiang Merchants Bank said that the establishment of financial subsidiaries is more consistent.

The establishment of financial subsidiaries can play a risk isolation role inside and outside the bank. At the same time, it also makes financial management more return to the essence of customer service management. The independent operation of subsidiaries can make the financial management business more pparent and standardized.

In short, the independent operation of financial sub companies plus the net value of financial products will gradually change the inherent thinking that most investors believe to be rigid payment of bank financing, making the essence of financial business returning to the management of customer service assets further.

Yan Zi Jie told reporters that although the sudden devaluation of the renminbi in August last year did not have a significant impact on the foreign currency market, foreign currency financial market revenue had stabilized at the end of the year.

Signs.

"This is related to the Federal Reserve's interest rate increase in boots.

With the US Federal Reserve raising interest rates landing, we still expect the fed to raise interest rates in 2016, and the US dollar will continue to be strong in 2016, and US dollar assets will continue to be sought after, and the relevant US dollar financial products investment opportunities may be more than 2015.

Zhejiang Commercial Bank responsible person also said that the sudden devaluation of the RMB and the deepening of the depreciation expectations will accelerate foreign currency financing at the end of the product, and will increase the demand for asset allocation across the market in the investment side.

Taking into account the strong cyclical channel of the US dollar and the expected future devaluation of the renminbi, offshore Chinese dollar debt and dim sum debt are good investment products.