Recently, Xingyin Wealth Management, a financial subsidiary of Industrial Bank, published a letter to investors on its WeChat WeChat official account, which attracted attention. In the open letter, Xingyin Wealth Management explained the opening and market performance of its "Xingyin Wealth Management Xingrui All-Star 1 Hybrid Net Wealth Management Product" (hereinafter referred to as "Xingrui All-Star 1"), and expressed regret that the product performance was not as expected.

It is understood that at the beginning of 2002 1, Xingrui All-Star1opened its position in the violent fluctuation of the market. "Since then, the equity market can be described as ups and downs, from cyclical stocks skyrocketing to stock holding plunging, from the strong emergence of new energy to the continuous shock of consumer medicine, the differentiation of sector performance has intensified, and the market style has switched rapidly."

A number of bank financial managers admitted to the reporter of China Daily that whenever the market fluctuates, the pressure to appease customers is still great. "Writing an apology letter to investors is also an investor education. On the one hand, it may reflect the increased pressure of capital outflow, on the other hand, it is also to appease the anxiety of the market and customers. " Some institutional sources told reporters.