Bank wealth management subsidiaries are gradually becoming a new force in offline "new share" subscriptions

Currently, bank wealth management subsidiaries are participating in the equity market through various means, especially after the "opening up" of offline IPO subscriptions for wealth management companies in March this year, the "subscription" actions of bank wealth management subsidiaries have been frequent. The preliminary offline allocation results announced by domestic GPU company MetaX on December 8 show that a total of 10 wealth management products from Ningyin Wealth Management Co., Ltd. and Xingyin Wealth Management Co., Ltd. successfully made effective bids and received allocations, with a total of 42,300 shares allocated. The previously much-anticipated offline issuance of "the first domestic GPU stock" Moore Threads also saw allocations to the aforementioned two wealth management subsidiaries. (Securities Daily)