Study Of The Influencing Factors To The Yield Of RMB Wealth Investment Products In China’s Commercial Banks

Firstly, the article simply introduced the RMB wealth investment products, and then analyzed the influence factors of RMB wealth investment products’expected rate of return, such as the issuing bank credit level, the release period of wealth investment products, the money supply, the deposit reserve ratio, interest rate, inflation rate, economic development etc. In the empirical analysis part, firstly, the article chose money supply, the deposit reserve ratio, interest rate and inflation rate as variables to make a regression about the RMB wealth investment products’ expected rate of return the whole market. The results basically reached the expected requirements. The interest rate is the predominant factor, but the positive correlation between the deposit reserve rate and the wealth investment products’ expected rate of return is contrary to the initial hypothesis, and the inflation rate have indistinctive positive correlation with wealth investment products’ expected rate of return; Secondly the article choose money supply, the deposit reserve ratio, interest rate, inflation rate as variables to make a cross-section regression analysis to various commercial bank wealth investment products’ expected rate of return. The study revealed influence situation of various factors on the RMB wealth investment products’ expected rate of return of different credit level bank; Once again the article choose the factors as variables to make a cross-section regression analysis about each issuing term’ RMB wealth investment products. The study revealed influence situation of various factors on the RMB wealth investment products’expected rate of return of different distribution period; finally, the article made a vector auto regression analysis about the money supply, the deposit reserve ratio, interest rate, inflation rate. The study found the rate of inflation, money supply, interest rate and the deposit reserve rate not only have larger effect on wealth investment products’ expected rate of return in the short term, but also the duration time is long. Finally, the result provides some countermeasures suggestions to investors, and provides some suggestions aiming at the existing problems of financial market.