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PSBC Wealth Management wins Golden Bull Awards for four consecutive years
PSBC Wealth Management wins Golden Bull Awards for four consecutive years
|China Post News|2023-11-15

On November 11, the 2023 Banking and Insurance Wealth Management Forum sponsored by China Securities Journal released the results of the fourth Golden Bull Awards for wealth management of the banking sector. PSBC Wealth Management Co. Ltd. (hereinafter referred to as PSBC Wealth Management) won the Golden Bull Excellence Award for Wealth Management Firms. Two of its renminbi wealth management products, Wealth Xinxin Xiangrong and the fourth series of 2021 PSBC Wealth Huinong Hongyun Closed-end product, issued and managed by PSBC Wealth Management, were awarded the Golden Bull Award for Bank Wealth Management Products. This is the fourth consecutive year that PSBC Wealth Management has been awarded the Golden Bull Awards.

This is the second year that the product Wealth Xinxin Xiangrong has been awarded the Golden Bull Award for Bank Wealth Management Products. This product selects high-grade fixed income assets as a foundation, enhances the return of investment and achieves decentralized and balanced allocation through different strategies and assets like active Fund of Funds (FOF), index enhancement and preferred stocks, and eventually obtains portfolio excess return through dynamic asset allocation.

The 4th series of 2021 PSBC Wealth Huinong Hongyun Closed-end product is the representative of the wealth management products on the theme of benefiting farmers issued by PSBC Wealth Management. As of the first half of 2023, PSBC Wealth Management had issued a total of 78 such products, with a variety of terms from 3 months to 3 years, and the value of the outstanding products more than 20 billion yuan (about 2.81 billion US dollars). It has therefore played a positive role in satisfying the wealth management needs of rural customers, boosting rural revitalization, and realizing common prosperity.

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