35.4 trillion yuan ($5.3 trillion) now sits in bank wealth products.

Investors are moving money toward safer holdings, according to the registry’s quarterly report.

The balance rose 10.1% in a year, and bank subsidiaries hold 93.1% of assets across 54,300 products.

Those products returned 141.7 billion yuan to investors in the third quarter.

How each outlet framed it
caixinglobal.com
frames the rise as flight to safety, citing 1.7 trillion yuan added since end-2025 and 93.1% held by bank wealth subsidiaries

Sources: caixinglobal.com