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Financial Products Spark Another Wave of 'Fee Cuts', Revealing a Growing Divide in Industry Profitability
3 hour ago /
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Author：小编
Recently, financial management firms have ramped up their initiatives to provide fee discounts. Several financial management companies affiliated with banks have slashed product fees, with some products even eliminating fees altogether. Concurrently, these firms are vigorously broadening their cross-bank distribution channels, resulting in the steady expansion of their off-bank distribution networks. Nevertheless, the profitability landscape among financial management companies is increasingly divergent. Leading institutions are witnessing substantial profit growth, whereas mid-to-lower-tier firms are grappling with the pressure of diminishing profits.
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