Shenzhen’s wealth management network continues to expand. On October 21, the 2025 Xiangmihu Wealth Management Week commenced, bringing together wealth management institutions from across the nation including bank wealth management divisions, funds, securities firms, trusts, venture capital firms, as well as representatives from industrial capital. This gathering aims to build bridges between municipal and district levels, government and enterprises, and industrial and financial sectors, collectively supporting Shenzhen’s development into a globally influential industrial financial center. Shenzhen’s wealth management ecosystem is thriving, with local institutions currently managing over 31 trillion yuan in assets, approaching the levels of Hong Kong and Singapore.

The event featured the launch of the nation’s first AIC fund of funds. Established through collaboration between Shenzhen Municipality and Futian District with China Construction Bank’s AIC (Asset Investment Company), this fund has reached a scale of 7 billion yuan, with Futian District contributing 700 million yuan. The fund operates through a master-feeder fund structure and primarily invests in sectors related to Shenzhen’s “20+8” industrial clusters, including cutting-edge fields such as digital economy and high-end manufacturing. It complements existing industrial funds by creating differentiated and supplementary investment synergies, supporting the development of Shenzhen’s strategic emerging industries.

According to statistics, by the end of June, Shenzhen had registered four AIC equity investment funds with a total scale of 5.16 billion yuan. Focusing on new quality productive forces, Shenzhen has seized the opportunity presented by the financial asset investment company equity investment pilot program, facilitating the establishment of six AIC pilot funds in the city with a total scale of 15.16 billion yuan. Additionally, there are ongoing AIC fund reserve projects totaling 22.1 billion yuan.

Moving forward, Xiangmihu Wealth Management Week will host a series of activities including explorations of family office business in the Bay Area, and roadshows and visits for technology innovation enterprises. Looking ahead, Shenzhen and the broader Bay Area’s wealth management industry will continue to leverage its role as a capital market hub. Through a modern wealth management ecosystem characterized by factor aggregation, comprehensive formats, and open integration, it will serve Shenzhen’s modern industrial system construction, effectively functioning as a key connector for technology-industry-finance integration and a major force in capital market investment.

Shenzhen

Shenzhen is a major modern city in Guangdong Province, China, that transformed from a small fishing village into a global technology and manufacturing hub. This rapid growth began in 1980 when it was designated as China’s first Special Economic Zone, pioneering the country’s economic reforms. Today, it is famous for its skyscrapers, innovation, and being home to numerous tech giants like Tencent and Huawei.

Xiangmihu Wealth Management Week

“Xiangmihu Wealth Management Week” is not a historical place or cultural site, but rather a modern financial industry event held in the Xiangmihu area of Shenzhen, China. It functions as an annual forum and exhibition focusing on wealth management trends, financial technology, and investment strategies. The event reflects Shenzhen’s development as a major financial hub in the Greater Bay Area.

Hong Kong

Hong Kong is a Special Administrative Region of China, located on the southern coast. It was a British colony from 1842 until its sovereignty was transferred back to China in 1997 under the “one country, two systems” principle. Today, it is renowned as a global financial hub and a vibrant cultural melting pot, famous for its iconic skyline and deep natural harbor.

Singapore

Singapore is a sovereign city-state and island country in Southeast Asia, founded as a British trading post in 1819 by Sir Stamford Raffles. It gained independence in 1965 and rapidly transformed from a developing nation into one of the world’s most prosperous countries, known for its strategic port, multicultural society, and modern skyline. Today, it is a global financial hub celebrated for its efficiency, diverse culinary scene, and landmarks like Marina Bay Sands.

Futian District

Futian District is the central urban district of Shenzhen, China, serving as the city’s modern administrative, financial, and cultural hub. It was developed rapidly from farmland following Shenzhen’s designation as China’s first Special Economic Zone in 1980. Today, it is famously home to the Shenzhen Stock Exchange and the striking skyscrapers of the Futian CBD.

China Construction Bank

China Construction Bank (CCB) is one of the “big four” banks in the People’s Republic of China. It was founded in 1954 and was initially responsible for administering and disbursing government funds for construction and infrastructure projects. Today, it has transformed into a major commercial bank with a comprehensive range of financial services and a significant global presence.

Bay Area

The San Francisco Bay Area is a major cultural and economic hub in Northern California, historically known for the 1849 Gold Rush that spurred its initial growth. In the modern era, it became the global center of technology and innovation, home to Silicon Valley. The region is celebrated for its diverse population, progressive culture, and iconic landmarks like the Golden Gate Bridge.

20+8 industrial clusters

“20+8 industrial clusters” refers to a strategic economic development framework in Shenzhen, China, launched in the early 2020s. It aims to cultivate 20 strategic emerging industry clusters (like semiconductors and biomedicine) and 8 future industries to transform the city into a global innovation hub. This policy builds on Shenzhen’s history as a special economic zone, guiding its next phase of technological and industrial advancement.